• ISBN13: 9780521454384
• Binding: Hardcover
• Subject: Economics
• Publisher: Cambridge UP
• Publisher Imprint: Cambridge
• Publication Date: April 18, 1994
• Pages: 380
• Original Price: GBP 71.0
• Language: English
• Edition: N/A
• Item Weight: 658 grams

About the Book The industrialized world has recently witnessed a dramatic increase in the volume of international capital movements, in the forms of borrowing and lending, bond transactions and foreign direct investment. Many non-OECD countries have also embarked on extensive programs of capital market liberalization. Papers in this volume--the proceedings of a CEPR joint conference with the Bank of Israel and Tel Aviv University's Pinhas Sapir Center for Development--examine the implications of these developments for economic fluctuations and fiscal and monetary policies under alternative exchange rate regimes, as well as other topics of contemporary interest.