1st Edition
Capital Controls In Emerging Economies
174 Pages
by
Routledge
179 Pages
by
Routledge
176 Pages
by
Routledge
Also available as eBook on:
This book looks at situations where a dramatic transformation of the political environment made existing institutions obsolete. It explores the use of capital controls in the reforming economies of the formerly communist countries.
Preface -- Introduction and Overview -- Orthodoxy Is Right: Liberalize the Capital Account Last -- Reality and the Logic of Capital Flow Liberalization -- Preconditions for Liberalization of Capital Flows: A Review and Interpretation -- The Information Costs of Capital Controls -- Currency Convertibility, Policy Credibility and Capital Flight in Poland and the Czech and Slovak Federal Republic -- Capital Controls and Corporate Investment Behavior -- Capital Account Liberalization and Policy Incentives: An Endogenous Policy View -- A Payments Mechanism for the Independent States of the Former Soviet Union
Biography
Christine