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

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

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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.He has authored more than two dozen articles on international capital flows and exchange rate policy, including a€œCapital Flight, External Debt, and ... Sebastian Edwards is Professor of Economics at the University of California, Los Angeles.


Title:Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy
Author: William C. Gruben, David M. Gould, Carlos E. Zarazaga
Publisher:Springer Science & Business Media - 2012-12-06
ISBN-13:

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