Curbing the boom-bust cycle : stabilizing capital flows to emerging markets

書誌事項

Curbing the boom-bust cycle : stabilizing capital flows to emerging markets

John Williamson

(Policy analyses in international economics, 75)

Institute for International Economics, 2005

大学図書館所蔵 件 / 全24件

この図書・雑誌をさがす

注記

Bibliography: p. 117-121

Includes index

内容説明・目次

内容説明

International investors poured vast sums of money into East Asian and Latin American countries during the mid-1990s, when the emerging market boom was at its peak. Then Thailand stumbled and panic seized the markets, and boom gave way to bust. Investors suffered large financial losses, while Asian countries suddenly experienced large capital outflows and the macroeconomic pressures these wrought plunged countries that had been growing rapidly ("miraculously") into crisis. Much the same had happened in Latin America when the debt crisis broke in 1982. This book investigates what can be done to make the international capital market a constructive force in promoting development in emerging markets. John Williamson concludes that the problem of cyclicality that has undermined the value of international borrowing cannot be tackled just, or even mainly, from the supply side, but will require actions on the part of both creditors and debtors.

「Nielsen BookData」 より

関連文献: 1件中  1-1を表示

詳細情報

ページトップへ

AltStyle によって変換されたページ (->オリジナル) /