Emerging Market Capital Flows: Proceedings of a Conference held at the Stern School of Business, New York University on May 23 24, 1996 (The New York . on Financial Markets and Institutions, 2)

ISBN 10: 0792399765 / ISBN 13: 9780792399766

Published by Springer, 1998

About this Item

Like New.

Seller Inventory # ERICA77307923997656

Bibliographic Details

• Title: Emerging Market Capital Flows: Proceedings of a Conference held at the Stern School of Business, New York University on May 23 24, 1996 (The New York . on Financial Markets and Institutions, 2)
• Publisher: Springer
• Publication Date: 1998
• Language: English
• ISBN 10: 0792399765
• ISBN 13: 9780792399766
• Binding: Hardcover
• Condition: Like New
• Book Type: book

About this title

Synopsis

In a little over one decade, the spread of market-oriented policies has turned the once so-called lesser developed countries into emerging markets. Many forces have been responsible for the tremendous growth in emerging markets. Trends toward market-oriented policies that permit private ownership of economic activities, such as public utilities and telecommunications, are part of the explanation. Corporate restructuring, following the debt crisis of the early 1980's has permitted many emerging market companies to gain international competitiveness. And an essential condition, a basic sea-change in economic policy, has opened up many emerging markets to international investors.
This growth in emerging markets has been accompanied by volatility in individual markets, and a sector-wide shock after the meltdown in the Mexican Bolsa and Mexican peso, resulting in heated debate over the nature of these markets. Emerging market capital flows continue to be the subject of intense discussion around the world among investors, academics, and policymakers. Emerging Market Capital Flows examines the issues of emerging market capital flows from several distinct perspectives, addressing a number of related questions about emerging markets.