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008			141217s2000 enka b 001 0 eng
020			_a1858987849
020			_a1843764733
040			_aDLC _cDLC _dDLC
042			_apcc
082	0	0	_a332 .042 _221
084			_a332.042 _bFAN-C
100	1		_aFane, George, _d1944-
245	1	0	_aCapital mobility, exchange rates, and economic crises _h[Book] / _cGeorge Fane.
260			_aNorthampton, MA, USA : _aNorthampton, MA, USA : _bE. Elgar Pub., _cc2000.
300			_axii, 225 p. : _bill. ; _c24 cm.
504			_aIncludes bibliographical references (p. 199-209) and index.
520			_aRecent crises in emerging markets have raised doubts about the desirability of relaxing controls on capital mobility. George Fane, however, uses evidence from the crises in Asia and Latin America to reassert the traditional case that such controls are an excessively blunt instrument for achieving financial stability. This book argues that recent official proposals for reforming the "international architecture" are also unlikely to reduce the frequency of currency and financial crises to an acceptable level. The author proposes an alternative plan to achieve greater financial stability, and that the implementation of this plan will be a far more effective way of enhancing financial stability than controlling international capital flows, or trying to force private lenders to make new loans to countries that suffer crises.
521			_aAll.
650		0	_aCapital movements.
650		0	_aForeign exchange.
650		0	_aFinancial crises.
650		0	_aCurrency question.
852			_p49889 _91100.00 _vNew Public Books _dBooks
999			_c16076 _d16076