International Short-term Capital Movements
Author: Charles P. Kindleberger
Publisher:
Published: 1965
Total Pages: 280
ISBN-13:
DOWNLOAD EBOOK →Author: Charles P. Kindleberger
Publisher:
Published: 1965
Total Pages: 280
ISBN-13:
DOWNLOAD EBOOK →Author: Martin Feldstein
Publisher: University of Chicago Press
Published: 2007-12-01
Total Pages: 500
ISBN-13: 0226241807
DOWNLOAD EBOOK →Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants.
Author: John Black
Publisher: Springer
Published: 1982-06-18
Total Pages: 264
ISBN-13: 1349059897
DOWNLOAD EBOOK →Author: Charles P. Kindleberger
Publisher: Cambridge University Press
Published: 1988-06-24
Total Pages: 116
ISBN-13: 9780521369848
DOWNLOAD EBOOK →First published in 1988, this study of international capital movements looks at their historical role in the financing of trade and their dramatically increased role in the world economy in recent years. It examines the current economic theory and the policy implications of these changes. Beginning with an analysis of the balance of payments, the authors goes on to discuss international short-term and long-term capital movements, both historically and with reference to current events. A further chapter deals with financial deregulation and the progression during the last few years towards the integration of international capital markets. The author looks forward to two possible futures for international finance: a gradual federalisation of macro-economic behaviour on a world basis, or a move towards self-reliance and autarky. The book is based on the author's Marshall Lectures, given in the University of Cambridge. It will be of interest to those studying international and financial economies, graduate students and those involved in the formulation of policy.
Author: Mr.Harm Zebregs
Publisher: International Monetary Fund
Published: 1999-09-01
Total Pages: 29
ISBN-13: 1451854889
DOWNLOAD EBOOK →This paper reviews the theoretical literature on the question of how long-term international capital movements depend on the international distribution of technology. It focuses on long-term investment flows, as these are more affected by international differences in technologies than short-term financial flows. International capital movements are investigated in the context of various technology specifications, ranging from models with only one common technology to those with multiple and endogenous technologies. The paper demonstrates that the theoretical specification of technology is crucial to the prediction of the size and direction of international capital movements.
Author: Carl Iversen
Publisher: Taylor & Francis
Published: 1936
Total Pages: 550
ISBN-13:
DOWNLOAD EBOOK →Author: Eric Roll Baron Roll of Ipsden
Publisher:
Published: 1971
Total Pages: 92
ISBN-13:
DOWNLOAD EBOOK →Author: Hans Wolfgang Singer
Publisher:
Published: 2000
Total Pages:
ISBN-13: 9788176461597
DOWNLOAD EBOOK →Author: Punam Chuhan
Publisher: World Bank Publications
Published: 1996
Total Pages: 36
ISBN-13:
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