04285nam 2200661 a 450 991082236350332120200520144314.01-282-00482-497866120048270-226-18499-410.7208/9780226184999(CKB)1000000000722571(EBL)432212(OCoLC)313470659(SSID)ssj0000117566(PQKBManifestationID)11141816(PQKBTitleCode)TC0000117566(PQKBWorkID)10049790(PQKB)11769278(StDuBDS)EDZ0000115733(MiAaPQ)EBC432212(DE-B1597)524365(OCoLC)1135615338(DE-B1597)9780226184999(Au-PeEL)EBL432212(CaPaEBR)ebr10275447(CaONFJC)MIL200482(EXLCZ)99100000000072257120060530d2007 uy 0engurcn|||||||||txtccrCapital controls and capital flows in emerging economies[electronic resource] policies, practices, and consequences /edited by Sebastian EdwardsChicago University of Chicago Pressc20071 online resource (699 p.)A National Bureau of Economic Research conference reportDescription based upon print version of record.0-226-18497-8 Includes bibliographical references and indexes.Frontmatter -- Contents -- Acknowledgments -- Introduction -- 1. Capital Flows in a Globalized World: The Role of Policies and Institutions -- 2. Capital Controls, Sudden Stops, and Current Account Reversals -- 3. Currency Mismatches, Debt Intolerance, and Original Sin: Why They Are Not the Same and Why It Matters -- 4. The Microeconomic Evidence on Capital Controls: No Free Lunch -- 5. The International Exposure of U.S. Banks: Europe and Latin America Compared -- 6. International Borrowing, Capital Controls, and the Exchange Rate: Lessons from Chile -- 7. International Borrowing and Macroeconomic Performance in Argentina -- 8. Capital Flows and Controls in Brazil: What Have We Learned? -- 9. The Chinese Approach to Capital Inflows: Patterns and Possible Explanations -- 10. South Korea's Experience with International Capital Flows -- 11. Malaysian Capital Controls: Macroeconomics and Institutions -- 12. Capital Flows and Exchange Rate Volatility: Singapore's Experience -- 13. India's Experience with Capital Flows: The Elusive Quest for a Sustainable Current Account Deficit -- 14. Capital Controls: An Evaluation -- Contributors -- Author Index -- Subject IndexSome scholars argue that the free movement of capital across borders enhances welfare; others claim it represents a clear peril, especially for emerging nations. In Capital Controls and Capital Flows in Emerging Economies, an esteemed group of contributors examines both the advantages and the pitfalls of restricting capital mobility in these emerging nations.In the aftermath of the East Asian currency crises of 1997, the authors consider mechanisms that eight countries have used to control capital inflows and evaluate their effectiveness in altering the maturityNational Bureau of Economic Research conference report.Capital movementsDeveloping countriesCongressesmoney, finance, wealth, monetary, income, power, financial, economics, economy, policy, analysis, flow, welfare, nation, emerging, restrictions, east asia, currency, currencies, crisis, 1990s, 20th century, history, historical, academic, scholarly, research, contemporary, modern, international, globalization, account, debt, management, microeconomic, comparison, exchange, macroeconomic.Capital movements332/.04240917283.50bclEdwards Sebastian1953-88759National Bureau of Economic Research.MiAaPQMiAaPQMiAaPQBOOK9910822363503321Capital controls and capital flows in emerging economies3951136UNINA