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The essays collected in this volume, 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 rate regimes, sequencing of reforms, and real exchange rate dynamics under different degrees of capital mobility are carefully analyzed.
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Previews available in: English
Edition | Availability |
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Capital controls, exchange rates, and monetary policy in the world economy
1995, Cambridge University Press
in English
0521472288 9780521472289
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Includes bibliographical references and index.
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