Capital Market Liberalization and Development (Hardcover)

Jose Antonio Ocampo

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Sprache: Englisch

Verlag: Oxford University Press, Oxford, 2008

0199230587 / 9780199230587

Serie: Buch 4 von 12 - Initiative for Policy Dialogue

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Hardcover. 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 eventhe 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 thisnew 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 thesecosts 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 enhancegrowth, 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. 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. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

Bestandsnummer des Verkäufers 9780199230587

Titel
Capital Market Liberalization and Development (Hardcover)
Autor
Jose Antonio Ocampo
Verlag
Oxford University Press, Oxford
Veröffentlichungsjahr
2008
Zustand
new
Einband
Hardcover
Sprache
Englisch
ISBN-10
0199230587
ISBN-13
9780199230587
Serie
Buch 4 von 12: Initiative for Policy Dialogue

Grand Eagle Retail

Bensenville, IL, USA

Verkäufer/-in mit 5 Sternen

AbeBooks-Verkäufer/-in seit 12. Oktober 2005

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