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Capital Mobility: The Impact on Consumption, Investment and Growth

by Leonardo Leiderman (Editor), Assaf Razin (Editor)

ISBN-10: 9780521454384
ISBN-10: 0-521-45438-7
ISBN-13: 9780521454384
ISBN-13: 978-0-521-45438-4
Hardcover
1994-08-26
Cambridge University Press


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Editorials


Product Description
The industrialized world has recently witnessed a dramatic increase in the volume of international capital movements, in the forms of borrowing and lending, bond transactions and foreign direct investment. Many non-OECD countries have also embarked on extensive programs of capital market liberalization. Papers in this volume--the proceedings of a CEPR joint conference with the Bank of Israel and Tel Aviv University's Pinhas Sapir Center for Development--examine the implications of these developments for economic fluctuations and fiscal and monetary policies under alternative exchange rate regimes, as well as other topics of contemporary interest.

Book Description
Drawn from the proceedings of a CEPR conference with the Bank of Israel and Tel Aviv University's Pinhas Sapir Center for Development, this volume examines the implications of increased international capital mobility for both industrialised and developing countries.


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