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The functioning of financial centers / Charles P. Kindleberger -- Funding risk in the international interbank market / Jack Guttentag and Richard Herring -- U.S. monetary policy in an interdependent world / Henry C. Wallich -- The effects of autonomous capital inflows / Dale W. Henderson --...
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The developing economies of the Asia Pacific Economic Cooperation (APEC) have been the recipients of a considerable volume of capital inflows in the 1990s. Given the increased integration of capital markets, it is not surprising that monetary control became more difficult for many developing...
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