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Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy (Hardcover: 256 pages)

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Product Details: Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy

Author:Federal Reserve Bank of Dallas Staff, William C. Gruben, Carlos E. Zarazaga, Federal Reserve Bank Of Dallas, David Gould
Editor:David M. Gould
Edited by:William C. Gruben
Format:Hardcover: 256 pages.
Publisher:Kluwer Academic Pub (08/01/1997)
ISBN:0792399080
ISBN13:9780792399087
Reading Level:

Publisher Notes: Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy

  • The dramatic growth of international capital flow has provided unprecedented opportunities and risks in emerging markets. This book is the result of a conference exploring this phenomenon, sponsored by the Federal Reserve Bank of Dallas. The issues explored include direct versus portfolio investment; exchange rates and economic growth; and optimal exchange rate policy for stabilizing inflation in developing countries. It concludes with a panel discussion on central bank coordination in the midst of exchange rate instability.

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