CAPITAL MOBILITY: THE IMPACT ON CONSUMPTION INVESTMENT AND GROWTH LEIDERMAN L. RAZIN A. Księgarnia

The industrialized world has recently witnessed a dramatic increase in the volume of international capital movements, in the forms of borrowing and lending, bond transactions and foreign direct investment.

Many non-OECD countries have also embarked on extensive programs of capital market liberalization. Papers in this volume--the proceedings of a CEPR joint conference with the Bank of Israel and Tel Aviv University's Pinhas Sapir Center for Development--examine the implications of these developments for economic fluctuations and fiscal and monetary policies under alternative exchange rate regimes, as well as other topics of contemporary interest.

Table of Contents

List of figures
    List of tables
    Preface
    Acknowledgements
    List of conference participants
1    Introduction    1
2    Are industrial-country consumption risks globally diversified?    13
3   Business-cycle volatility and openness: an exploratory cross-sectional analysis    48
4 The robustness of macroeconomic indicators of capital mobility 83
5 An interpretation of recent research on exchange rate target zones    121
6    Some evidence on a strategic model of exchange rate bands 156
7 Exchange rate volatility, uncertainty, and investment: an empirical investigation 185
8   Foreign finance and economic growth: an empirical analysis     217
9    Convergence in growth rates: a quantitative assessment of the role of capital mobility and international taxation 237
10 Will government policy magnify capital flow volatility?    263
11   The political economy of capital controls   289
12    Capital controls and capital account liberalisation in industrial countries 329
    Index    351

308 pages , Paperback

Po otrzymaniu zamówienia poinformujemy,
czy wybrany tytuł polskojęzyczny lub anglojęzyczny jest aktualnie na półce księgarni.