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Capital Mobility, Exchange Rates and Economic Crises download epub

by George Fane


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George Fane, however, uses evidence from the crises in Asia and Latin America to reassert the traditional case that such controls are an excessively blunt instrument for achieving financial stability.

George Fane, however, uses evidence from the crises in Asia and Latin America to reassert the traditional case that such controls are an excessively blunt instrument for achieving financial stability. This book argues that recent official proposals for reforming the & financial architecture' are also unlikely to reduce the frequency of currency and financial crises to an acceptable level

George Fane, however, uses evidence from the crises in Asia and Latin America to reassert the traditional case that such controls are an excessively blunt instrument for achieving financial stability. fb tw in. Recommend to librarian.

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Better rate of return. Real exchange rates parity. See: purchasing power parity.

By George Fane; Abstract: Recent crises in. .in Books from Edward Elgar Publishing.

in Books from Edward Elgar Publishing. George Fane, however, uses evidence from the crises in Asia and Latin America to reassert the traditional case that such controls are an excessively blunt instrument for achieving financial stability.

The book is a great example of a partnership between Russian and .

The book is a great example of a partnership between Russian and American experts. It provides a comprehensive and an independent view on Russia's mid-term and long-term challenges. He teaches graduate courses in microeconomic theory, contract theory, and economics of strategy. Andrew C. Kuchins is a senior associate of the CSIS Russia and Eurasia Program.

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George Fane, however, uses evidence from the crises in Asia and Latin America to reassert the traditional case that . This book argues that recent official proposals for reforming the 'international financial architecture' are also unlikely to reduce the frequency of currency and financial crises to an acceptable level.

Recent financial crises in emerging markets have raised doubts about the desirability of relaxing controls on capital mobility. However, Fane (economics, Research School of Pacific and Asian Studies, Australian National U.) uses evidence from the crises in Asia and Latin America to show that such controls are an excessively blunt instrument for achieving financial stability. He argues that recent proposals for reforming the international financial architecture are also unlikely to reduce the frequency of currency and financial crises. He proposes an alternative plan that would: require banks to raise the risk-weights for loans to emerging markets; fully open the financial sectors in emerging markets to foreign competition; strengthen bankruptcy procedures in emerging markets; and have central banks adopt flexible exchange rates, backed by credible targets for inflation or monetary growth. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Capital Mobility, Exchange Rates and Economic Crises download epub
Business & Finance
Author: George Fane
ISBN: 1858987849
Category: Other
Subcategory: Business & Finance
Language: English
Publisher: Edward Elgar Pub (January 2001)
Pages: 240 pages