Taming capital flows : capital account management in an era of globalization

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Bibliographic Information

Taming capital flows : capital account management in an era of globalization

edited by Joseph E. Stiglitz and Refet S. Gürkaynak

(International Economic Association conference volume, no. 154)(Palgrave pivot)

Palgrave Macmillan, 2015

  • : hardback

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Includes bibliographical references and index

Description and Table of Contents

Description

This volume contains country experiences explained by policy makers and studies by leading experts on causes and consequences of capital flows as well as policies to control these flows. It addresses portfolio flow issues central to open economies, especially emerging markets.

Table of Contents

Introduction PART I: COUNTRY EXPERIENCES 1.1 Peru: Paul Castillo 1.2 Turkey: Erdem Ba?c? PART II: RECENT TRENDS IN CURRENCY FLOWS 2.1 China's short-term capital flow: the scale and the driving forces. Ming Zhang 2.2 Appropriate Policy Tools to Manage Portfolio Flow Externalities. Refet Gurkaynak 2.3 Navigating Capital Flows in Brazil and Chile. Kevin Gallagher PART III: EFFECTS AND MULTILATERAL ASPECTS OF CURRENCY FLOWS 3.1 Monetary Policy in a Multipolar World. Joseph Stiglitz 3.2 Multilateral Aspects of Managing the Capital. Account Jonathan Ostry

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