The Mixed Blessing of Financial Inflows: Transition Countries in Comparative Perspective - Couverture rigide

 
9781840640380: The Mixed Blessing of Financial Inflows: Transition Countries in Comparative Perspective
Couverture rigide
ISBN 10 : 1840640383 ISBN 13 : 9781840640380
Editeur : Edward Elgar Publishing Ltd, 1999

Synopsis

The successful macroeconomic stabilization in Central and Eastern European countries has encouraged inflows of foreign capital badly needed to promote economic development. Strikingly, these countries have found capital inflows in their various forms to be a mixed blessing, threatening the macroeconomic balance that they have recently achieved.

These countries have learned that it is not easy to continue to attract foreign capital and simultaneously to reduce its adverse effects on inflation, the exchange rate and the current account, and to contain disturbances resulting from reversals of the flows. This book investigates recent experiences in Central and Eastern Europe and contrasts it with that of Latin America and East Asia, and suggests appropriate policies and lessons to be learned. The authors conclude that many features of, and policy dilemmas faced by, formerly centrally planned economies in Europe are similar to those in other emerging economies. However, certain unique characteristics such as data limitations and the fragility of the banking and financial systems, compound the problems faced by policy makers in Central and Eastern Europe.

This book will prove invaluable to policymakers and scholars interested in and responsible for international finance in transition economies.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Edited by János Gács, Senior Researcher, Institute of Economics, Hungarian Academy of Sciences, Hungary, Robert Holzmann, Governor Oesterreichische Nationalbank, Austria and Michael L. Wyzan, EREO/USAID, Armenia

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Edward Elgar Publishing Ltd
Date d'édition
1999
Langue
anglais
ISBN 10 
1840640383
ISBN 13 
9781840640380
Reliure
Relié
Nombre de pages
272
Éditeur
Gács János, Holzmann Robert, Wyzan Michael L.
Coordonnées du fabricant
non disponible
Personne responsable
non disponible