Financial Factors in Economic Stabilization and Growth
Zvi Eckstein editor Mario I Blejer editor Leonardo Leiderman editor Zvi Hercowitz editor
Format:Hardback
Publisher:Cambridge University Press
Published:13th Jun '96
Currently unavailable, and unfortunately no date known when it will be back
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- Paperback£30.99(9780521088190)
This collection explores how financial factors have become of key importance for stabilization and growth in developing and transforming economies.
With the advent of increased capital mobility in the last two decades, financial factors have become of key importance for the processes of stabilization and growth in developing and transforming economies. This book collects essays by well-known analysts in international economics and finance who treat these issues from new perspectives.With the advent of increased capital mobility, financial factors have become of key importance for the processes of stabilization and growth in developing developed, and transforming economies. The size of international capital movements and the financial intermediation industry has become so large that these factors could become the dominant impulses for individual economies and the global economy in the 1990s and beyond. This book collects essays by well-known analysts in international economics and finance who treat these issues from relatively new perspectives. They focus on (i) the role of credit in the propagation mechanism of monetary policy; (ii) effects of monetary policy on the likelihood that a given economy will become a banking centre; (iii) the implications of increased capital mobility for migration flows; (iv) the role of exchange rate bands in the transition from high to low inflation; and (v) the interaction between financial innovations and inflation.
"...this volume brings together a wide variety of empirical and theoretical models of financial factors and monetaru policy....The wide-ranging set of essays in the volume's middle present a series of ideas that may ultimately prove useful in bridging this gap." Timothy S. Fuerst, Journal pf Economic Literature
ISBN: 9780521480505
Dimensions: 229mm x 152mm x 19mm
Weight: 570g
270 pages