Capital Mobility, Exchange Rates, and Economic Crises
Download or Read eBook Capital Mobility, Exchange Rates, and Economic Crises PDF written by George Fane and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 238 pages. Available in PDF, EPUB and Kindle.
Author | : George Fane |
Publisher | : Edward Elgar Publishing |
Total Pages | : 238 |
Release | : 2000-01-01 |
ISBN-10 | : 1781957967 |
ISBN-13 | : 9781781957967 |
Rating | : 4/5 (67 Downloads) |
Book Synopsis Capital Mobility, Exchange Rates, and Economic Crises by : George Fane
Book excerpt: If flexible exchange rates are not adopted, central banks should at least avoid the widespread practice of trying to sterilise the monetary effects of capital flows." "The author argues that the implementation of this plan will be a far more effective way of enhancing financial stability than controlling international capital flows, or trying to force private lenders to make new loans to countries that suffer crises."--BOOK JACKET.