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Capital Controls In Emerging Economies : Political Economy of Global Interdependence (Paperback) - Christine P. Ries

Capital Controls In Emerging Economies

Political Economy of Global Interdependence (Paperback)

By: Christine P. Ries (Editor), Richard J. Sweeney (Editor)

Paperback Published: 26th February 1999
ISBN: 9780813336558
Number Of Pages: 180

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As a growing number of nations usher in market economies, policymakers must grapple with key decisions regarding capital controls and capital account liberalization. In this ambitious volume, distinguished economists evaluate these choices within the context of economic efficiency, economic structure, and political consequences in an increasingly global and competitive market environment. Critically assessing traditional positions on the timing and degree of liberalization of trade and capital flows, they also consider newer arguments from the fields of public choice, financial economics, and industrial organizations. In addition, the contributors examine some of the specific approaches undertaken in various emerging market economies, including in east-central Europe and the former Soviet Union.

Prefacep. ix
Acknowledgmentsp. xi
Introduction and Overviewp. 1
Notesp. 12
Orthodoxy is Right: Liberalize The Capital Account Lastp. 13
Notesp. 16
Introductionp. 17
Reality and the Logic Of Capital Flow Liberalizationp. 17
Notesp. 29
Introductionp. 33
Preconditions for Liberalization Of Capital Flows: a Review And Interpretationp. 33
Notesp. 43
Introductionp. 45
The Information Costs Of Capital Controlsp. 45
Conclusionsp. 54
Referencesp. 55
Currency Convertibility, Policy Credibility and Capital Flight In Poland and the Czech and Slovak Federal Republicp. 63
Introductionp. 63
Notesp. 83
Referencesp. 85
Capital Controls and Corporate Investment Behaviorp. 89
Introductionp. 89
Notesp. 108
Referencesp. 108
Introductionp. 111
Capital Account Liberalization and Policy Incentives: an Endogenous Policy Viewp. 111
Notesp. 131
A Payments Mechanism For The Independent States Of The Former Soviet Unionp. 137
Introduction Economic Rationale For a Payments Mechanismp. 137
Referencesp. 157
About the Editors and Contributorsp. 159
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780813336558
ISBN-10: 0813336554
Series: Political Economy of Global Interdependence (Paperback)
Audience: General
Format: Paperback
Language: English
Number Of Pages: 180
Published: 26th February 1999
Country of Publication: US
Dimensions (cm): 22.86 x 15.27  x 1.37
Weight (kg): 0.3
Edition Number: 1