Financial Factors in Economic Stabilization and Growth

Edited by Mario I. Blejer , Zvi Eckstein , Zvi Hercowitz , Leonardo Leiderman

ISBN 10: 0521480507 / ISBN 13: 9780521480505

Published by Cambridge University Press, 1996

About this Item

This collection explores how financial factors have become of key importance for stabilization and growth in developing and transforming economies. Editor(s): Blejer, Mario I.; Eckstein, Zvi; Hercowitz, Zvi (Tel-Aviv University); Leiderman, Leonardo. Num Pages: 270 pages, 60 b/w illus. BIC Classification: KCB. Category: (P) Professional & Vocational. Dimension: 228 x 152 x 19. Weight in Grams: 570. . 1996. N. hardcover. . . . .

Seller Inventory # V9780521480505

Bibliographic Details

• Title: Financial Factors in Economic Stabilization and Growth
• Publisher: Cambridge University Press
• Publication Date: 1996
• Language: English
• ISBN 10: 0521480507
• ISBN 13: 9780521480505
• Binding: Hardcover
• Condition: New

About this title

Synopsis

With the advent of increased capital mobility in the past two decades, financial factors have become of key importance for the processes of stabilization and growth in developing, developed, and transforming economies. The size of international capital movements and the financial intermediation industry has become so large that these factors could become the dominant impulses for individual economies and the global economy in the 1990s and beyond. This book collects essays by well-known analysts in international economics and finance who treat these issues from relatively new perspectives.

From the Back Cover

With the advent of increased capital mobility in the last two decades, financial factors have become of key importance for the processes of stabilization and growth in developing, developed, and transforming economies. The size of international capital movements and the financial intermediation industry has become so large that these factors could become the dominant impulses for individual economies and the global economy in the late 1990s and beyond. This book collects essays by well-known analysts in international economies and finance who treat these issues from relatively new perspectives. They focus on (i) the role of credit in the propagation mechanism of monetary policy; (ii) effects of monetary policy on the likelihood that a given economy will become a banking center; (iii) the implications of increased capital mobility for migration flows; (iv) the role of exchange rate bands in the transition from high to low inflation; and (v) the interaction between financial innovations and inflation.