新興国の金融市場のボラティリティとパフォーマンス Financial Markets Volatility and Performance in Emerging Markets (National Bureau of Economic Research Conference Report)

Edwards, Sebastian (EDT)/ Garcia, Marcio G. P. (EDT)

University of Chicago Press（2008/03発売）

• 製本 Hardcover:ハードカバー版／ページ数 304 p.
• 言語 ENG
• 商品コード 9780226184951
• DDC分類 332.0415091724

基本説明

Featuring countries such as Brazil, Argentina, Uruguay, and Korea.

Full Description

Capital mobility is a double-edged sword for emerging economies, as governments must weigh the benefits of investment against the potential economic costs and political consequences of currency crises, devaluations, and instability. "Financial Markets Volatility and Performance in Emerging Markets" addresses the delicate balance between capital mobility and capital controls as developing countries navigate the convoluted global network of private investors, hedge funds, large corporations, and international institutions such as the International Monetary Fund.A group of experts here examine rapidly globalizing financial markets with regard to capital flows and crises, domestic credit, international financial integration, and economic policy. Featuring detailed analyses and cross-national comparisons of countries such as Brazil, Argentina, Uruguay, and Korea, this book will shape economists' and policy makers' understanding of the effectiveness of restrictions on capital mobility in the world's most fragile economies.