Capital controls, exchange rates, and monetary policy in the world economy
By: edited by Sebastian Edwards.
Contributors: Edwards, Sebastian, 1953-
Publisher: Cambridge University Press
Published: 1995
Place of publication: Cambridge [England]; New York, NY
Language: eng
Number of pages: 436
Subjects: Monetary policy; Capital movements; Foreign exchange rates
Description: The essays collected in this volume, written by well-known academics and policy analysts, discuss the impact of increased capital mobility on macroeconomic performance. The authors highlight the most adequate ways to manage the transition from a semi-closed economy to a semi-open one.

Additionally, issues related to the measurement of openness, monetary control, optimal exchange rate regimes, sequencing of reforms, and real exchange rate dynamics under different degrees of capital mobility are carefully analyzed.
Notes: Includes bibliographical references and index.