Gruben, William C. / Gould, David M. / Zarazaga, Carlos E. (Hgg.)
Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy
- Verlag: Springer, Berlin
- Erscheinungsdatum: 1997-08
- Format: Gebundene Ausgabe
- Umfang: 256
- ISBN: 0792399080
- EAN: 9780792399087
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The growth of international capital flow has provided further opportunities and risks in emerging markets. This volume is the result of a conference exploring this phenomenon, sponsored by the Federal Reserve Bank of Dallas. The issues explored include direct versus portfolio investment; exchange rates and economic growth; and optimal exchange rate policy for stabilizing inflation in developing countries. It concludes with a panel discussion on central bank co-ordination in the midst of exchange rate instability.
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