Capital Market Liberalization and Development
Series: Initiative for Policy Dialogue;
- Publisher's listprice GBP 137.50
-
65 690 Ft (62 562 Ft + 5% VAT)
The price is estimated because at the time of ordering we do not know what conversion rates will apply to HUF / product currency when the book arrives. In case HUF is weaker, the price increases slightly, in case HUF is stronger, the price goes lower slightly.
- Discount 10% (cc. 6 569 Ft off)
- Discounted price 59 121 Ft (56 306 Ft + 5% VAT)
Subcribe now and take benefit of a favourable price.
Subscribe
65 690 Ft
Availability
printed on demand
Why don't you give exact delivery time?
Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.
Product details:
- Publisher OUP Oxford
- Date of Publication 1 May 2008
- ISBN 9780199230587
- Binding Hardback
- No. of pages392 pages
- Size 242x162x26 mm
- Weight 725 g
- Language English
- Illustrations numerous figures and tables 0
Categories
Short description:
Capital market liberalization has been a key part of the ongoing debate on globalization. Bringing together leading researchers and practitioners in the field, this book provides a unique analysis of both the risks associated with capital market liberalization and the alternative policy options available to enhance macroeconomic management.
MoreLong description:
Capital market liberalization has been a key battle in the debate on globalization for much of the previous two decades. Many developing countries, often at the behest of international financial institutions such as the IMF, opened their capital accounts and liberalized their domestic financial markets as part of the wave of liberalization that characterized the 1980s and 1990s and in doing so exposed their economies to increased risk and volatility. Now with even the IMF acknowledging the risks inherent in capital market liberalization, the central intellectual battle over the effects of capital market liberalization has for the most part ended. Though this new understanding of the consequences of capital market liberalization is reshaping many policy discussions among academics and international institutions, ideological and vested interests remain.
Critical policy debates also remain, such as how much government should intervene and what tools are available. Although capital market liberalization might not produce the promised benefits, many economists and policymakers still worry about the costs of intervention. Do these costs exceed the benefits? What are the best kinds of interventions, under what circumstances? To answer these questions, we have to understand why capital market liberalization has failed to enhance growth, why it has resulted in greater instability, why the poor appear to have borne the greatest burden, and why the advocates of capital market liberalization were so wrong. Bringing together some of the leading researchers and practitioners in the field, this volume provides an analysis of both the risks associated with capital market liberalization and the alternative policy options available to enhance macroeconomic management.
Table of Contents:
Capital Account Liberalization and Development
The Benefits and Risks of Financial Globalization
Capital Market Liberalization, Globalization, and the IMF
From the Boom in Capital Inflows to Financial Traps
Poverty and Inequality
Capital Management Techniques in Developing Countries: Managing Capital Flows in Malaysia, India, and China
Role of Preventative Capital Account Regulation
The Malaysian Experience in Financial-Economic Crisis Management: An Alternative to the IMF-style approach
Domestic Financial Regulations in Developing Countries
The Pro-Cyclical Impact of Basle II on Emerging Markets
Derivatives and CML
Codes and Standards
