Capital flows and the emerging economies theory, evidence, and controversies
The 1990s witnessed several acute currency crises among developing nations that invariably spread to other nearby at-risk countries. These episodes?in Mexico, Thailand, South Korea, Russia, and Brazil?were all exacerbated by speculative foreign investments and high-volume movements of capital in and out of those countries. Insufficient domestic controls and a sluggish international response further undermined these economies, as well as the credibility of external oversight agencies like the International Monetary Fund. This timely volume examines the correlation between volatile capital mobil.
"The 1990s witnessed several acute currency crises among developing nations that invariably spread to other nearby at-risk countries. These episodes?in Mexico, Thailand, South Korea, Russia, and Brazil?were all exacerbated by speculative foreign investments and high-volume movements of capital in and out of those countries. Insufficient domestic controls and a sluggish international response further undermined these economies, as well as the credibility of external oversight agencies like the International Monetary Fund. This timely volume examines the correlation between volatile capital mobil."@en
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Capital movements Developing countries Congresses.
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Capitale - Circolazione - Paesi in via di sviluppo - Congressi - Cambridge - 1998.
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Mouvements de capitaux Pays en voie de développement Congrès.
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Movimientos de capitales Países en vías de desarrollo.
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