Financial Markets Volatility and Performance in Emerging Markets

. Ed(s): Edwards, Sebastian; Garcia, Marcio G.P.

ISBN 10: 0226184951 / ISBN 13: 9780226184951

Published by The University of Chicago Press, 2008

About this Item

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. This book addresses the balance between capital mobility and capital controls. Editor(s): Edwards, Sebastian; Garcia, Marcio G.P. Series: National Bureau of Economic Research Conference Report. Num Pages: 304 pages, 37 line drawings, 77 tables. BIC Classification: KCA; KFF. Category: (P) Professional & Vocational. Dimension: 236 x 163 x 22. Weight in Grams: 542. . 2008. Hardback. . . . .

Seller Inventory # V9780226184951

Bibliographic Details

• Title: Financial Markets Volatility and Performance in Emerging Markets
• Publisher: The University of Chicago Press
• Publication Date: 2008
• Language: English
• ISBN 10: 0226184951
• ISBN 13: 9780226184951
• Binding: Hardcover
• Condition: New

About this title

Synopsis

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 policymakers’ understanding of the effectiveness of restrictions on capital mobility in the world’s most fragile economies. 

 

 

About the Authors

Sebastian Edwards is the Henry Ford II Professor of International Economics in the Anderson Graduate School of Management at the University of California, Los Angeles.

Márcio G. P. Garcia is associate professor of economics at Pontifícia Universidade Católica do Rio de Janeiro and a visiting associate professor at Stanford University’s Center for Research on Economic Development and Policy Reform.