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245 0 0 |a International capital flows /  |c edited by Martin Feldstein. 
260 |a Chicago :  |b University of Chicago Press,  |c 1999. 
300 |a 1 online resource (x, 487 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
340 |g polychrome.  |2 rdacc  |0 http://rdaregistry.info/termList/RDAColourContent/1003 
347 |a text file  |2 rdaft  |0 http://rdaregistry.info/termList/fileType/1002 
490 1 |a A National Bureau of Economic Research conference report 
504 |a Includes bibliographical references and indexes. 
588 0 |a Print version record. 
520 8 |a Annotation  |b Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants. 
505 0 0 |t Frontmatter --  |t Contents --  |t Preface --  |t International Capital Flows: Introduction --  |t 1. Capital Flows to Latin America --  |t 2. Capital Flows to Eastern Europe --  |t 3. Capital Flows to East Asia --  |t 4. The Evolving Role of Banks in International Capital Flows --  |t 5. The Role of Equity Markets in International Capital Flows --  |t 6. The Role of Foreign Direct Investment in International Capital Flows --  |t 7. Risks to Lenders and Borrowers in International Capital Markets --  |t 8. Currency Crises --  |t Biographies --  |t Biographies --  |t Name Index --  |t Subject Index 
590 |a eBooks on EBSCOhost  |b EBSCO eBook Subscription Academic Collection - Worldwide 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Banks and banking, International. 
650 0 |a Capital movements. 
650 6 |a Mouvements de capitaux. 
650 6 |a Banques internationales. 
650 7 |a BUSINESS & ECONOMICS  |x Finance.  |2 bisacsh 
650 7 |a Banks and banking, International  |2 fast 
650 7 |a Capital movements  |2 fast 
650 1 7 |a Kapitaalverkeer.  |2 gtt 
655 0 |a Computer network resources. 
655 4 |a Computer network resources. 
655 7 |a proceedings (reports)  |2 aat 
655 7 |a Conference papers and proceedings  |2 fast 
655 7 |a Conference papers and proceedings.  |2 lcgft 
655 7 |a Actes de congrès.  |2 rvmgf 
700 1 |a Feldstein, Martin S. 
758 |i has work:  |a International capital flows (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGYFBFVr3bT7ytR4FPcFJC  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |t International capital flows.  |d Chicago : University of Chicago Press, 1999  |w (DLC) 99028727 
830 0 |a Conference report (National Bureau of Economic Research) 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=408332  |z Texto completo 
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