LEADER 03906nam 2200697 a 450 001 9910960496503321 005 20200520144314.0 010 $a9786611430856 010 $a9781281430854 010 $a1281430854 010 $a9780226184722 010 $a0226184722 024 7 $a10.7208/9780226184722 035 $a(CKB)1000000000414152 035 $a(EBL)408202 035 $a(OCoLC)437247566 035 $a(SSID)ssj0000290858 035 $a(PQKBManifestationID)11211145 035 $a(PQKBTitleCode)TC0000290858 035 $a(PQKBWorkID)10230672 035 $a(PQKB)11349711 035 $a(DE-B1597)535775 035 $a(OCoLC)1135588758 035 $a(DE-B1597)9780226184722 035 $a(Au-PeEL)EBL408202 035 $a(CaPaEBR)ebr10229993 035 $a(CaONFJC)MIL143085 035 $a(MiAaPQ)EBC408202 035 $a(Perlego)1972169 035 $a(EXLCZ)991000000000414152 100 $a19991220d2000 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aCapital flows and the emerging economies $etheory, evidence, and controversies /$fedited by Sebastian Edwards 205 $a1st ed. 210 $aChicago $cUniversity of Chicago Press$dc2000 215 $a1 online resource (366 p.) 225 1 $aNational Bureau of Economic Research conference report 225 1 $aConference report (National Bureau of Economic Research) 300 $aDescription based upon print version of record. 311 08$a9780226184708 311 08$a0226184706 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tContents --$tAcknowledgments --$tIntroduction --$t1. Contagion, Globalization, and the Volatility of Capital Flows --$t2. Fire-Sale FDI --$t3. Capital Flows to Emerging Markets: Liberalization, Overshooting, and Volatility --$t4. What Explains Changing Spreads on Emerging Market Debt? --$t5. Is There a Curse of Location? Spatial Determinants of Capital Flows to Emerging Markets --$t6. Capital Flows and the Behavior of Emerging Market Equity Returns --$t7. Capital Flows, Real Exchange Rates, and Capital Controls: Some Latin American Experiences --$t8. Capital Flows in Asia --$t9. Capital Flows to Central and Eastern Europe and the Former Soviet Union --$tContributors --$tAuthor Index --$tSubject Index 330 $aThe 1990's witnessed several acute currency crises among developing nations that invariably spread to other nearby at-risk countries. These episodes-in Mexico, Thailand, South Korea, Russia, and Brazil-were all exacerbated by speculative foreign investments and high-volume movements of capital in and out of those countries. Insufficient domestic controls and a sluggish international response further undermined these economies, as well as the credibility of external oversight agencies like the International Monetary Fund. This timely volume examines the correlation between volatile capital mobility, currency instability, and the threat of regional contagion, focusing particular attention on the emergent economies of Latin America, Southeast Asia, and Eastern Europe. Together these studies offer a new understanding of the empirical relationship between capital flows, international trade, and economic performance, and also afford key insights into realms of major policy concern. 410 0$aNational Bureau of Economic Research conference report. 410 0$aConference report (National Bureau of Economic Research) 606 $aCapital movements$zDeveloping countries$vCongresses 615 0$aCapital movements 676 $a332/.042 701 $aEdwards$b Sebastian$f1953-$088759 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910960496503321 996 $aCapital flows and the emerging economies$94354939 997 $aUNINA