Bookbronze1991

Determinants and Systemic Consequences of International Capital Flows

David F. I. Folkerts-Landau · Donald J. Mathieson · Morris Goldstein · Liliana Rojas-Suárez · José Saúl Lizondo · Timothy Lane

34 citations0/0 files storedInternational Monetary Fund eBooks

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Global Financial Crisis and Policies Monetary Policy and Economic Impact Economic Theory and Policy

Abstract

The growing integration of capital markets has strengthened incentives for greater international coordination of economic and financial policies. Structural changes in these financial market, however, may have undermined the effectiveness of monetary and fiscal policy and complicated market access by developing countries. These are among the findings of this study of capital flows in the 1970s and the 1980s.

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References

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