1st Edition
Capital Mobility and Distributional Conflict in Chile, South Korea, and Turkey
By Kurtuluş Gemici
Copyright 2020
232 Pages
by
Routledge
230 Pages
by
Routledge
230 Pages
by
Routledge
Also available as eBook on:
Why did many emerging countries pursue risky financial opening policies in a reckless manner, even after the painful example of the Latin American debt crisis? Unlike trade liberalization, which has mostly been beneficial in emerging countries, the removal of capital controls has led to boom-bust patterns in many countries. It is not simply driven by class or sectoral interests, nor is it just a... Read more
Preface
List of Figures
List of Tables
1 Introduction: Distributional Relations and Capital Mobility
2 Boom, Crash, Restraint: The Politics of Taming Capital Flows in Chile
3 Embracing Hot Money, Rejecting Cold Money in South Korea
4 Premature Financial Opening and Boom-Bust Cycles in Turkey
5 Conclusion
A Distribution and Economic Growth
B Capital Mobility, Sectoral Cleavages, and Social Classes
C Perils of Capital Account Liberalization
D Measuring Capital Account Openness
E List of Interviewees
Bibliography
Index
Biography
Kurtulus Gemici is One Hundred Talent Associate Professor of Sociology at Zhejiang University, China
