The dramatic growth of international capital flow has provided unprecedented opportunities and risks in emerging markets. This book is the result of a conference exploring this phenomenon, sponsored by the Federal Reserve Bank of Dallas. The issues explored include direct versus portfolio investment; exchange rates and economic growth; and optimal exchange rate policy for stabilizing inflation in developing countries. It concludes with a panel discussion on central bank coordination in the midst of exchange rate instability.
| ISBN: | 9780792399087 |
| Publication date: | 31st August 1997 |
| Author: | Federal Reserve Bank of Dallas, William C Gruben, David Gould, Carlos Enrique Zarazaga |
| Publisher: | Springer an imprint of Springer US |
| Format: | Hardback |
| Pagination: | 242 pages |
| Genres: |
Economic growth Civil service and public sector Macroeconomics |