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Capital Controls, Exchange Rates, and Monetary Policy in the World Economy
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ISBN: 0521597110
Author: Edwards, Sebastian
Condition: New
This volume's essays, 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 rates regimes, sequencing of reforms, and real exchange rate dynamics under different degrees of capital mobility are carefully analyzed; areas covered include Europe, the Asian Pacific region, and Latin America.
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Capital Controls, Exchange Rates, and Monetary Policy in the World Economy