Title: Regional and global capital flows : macroeconomic causes and consequences /
Authors: Itō, Takatoshi, 1950-; Krueger, Anne O.
Publisher: University of Chicago Press,
Year: 2001
Subjects: Capital movements East Asia Congresses.; Bank loans East Asia Congresses.; International finance Congresses
Abstract: The volume of capital flows between industrial and developing countries has grown dramatically in the past decade and has become a major issue in a world that is increasingly 'globalised'. Here, two experts on this topic have assembled a group of scholars who address different types of capital flows - bank lending, bonds, direct foreign investment - and the implications they hold for economic performance. With its particular focus on the Asian financial crises, this work presents a new model which is concerned with the role of private capital flows.