Cover -- Contents -- Preface -- Acknowledgments -- Chapter 1: China's Exchange Rate Policy: An Overview of Some Key Issues -- Challenges Facing the Chinese Authorities under the Existing Currency Regime -- Policy Implications and Options -- References -- Comment: China's Industrial Investment...

Cover -- Contents -- Dedication -- Acknowledgements -- Preface -- I: INTRODUCTION -- II: METHODOLOGY -- III: BACKGROUND TO THE DEVELOPMENT OF A THEORY -- The Study of Direct Investment as a Financial Phenomenon -- Financial Flows and the Balance of Payments -- Non-financial Investors in a...

This ebook aims to provide a deeper understanding of global trade and investment flows and how they affect the competitiveness of economies. There have been some tectonic shifts in global flows both in terms of actual goods and services and also in terms of financial capital. The emerging...

David Mulford has witnessed and participated in dramatic changes in the world economic system-from newly independent countries in Africa and the emerging Eurobond market to the boardrooms of New York, from the Saudi Arabian Monetary Agency to the White House and Treasury Department, and from the...

Intro -- Title page -- Copyright page -- Contents -- INTRODUCTION -- CHAPTER 1 -- POLICY RESPONSE TO THE GLOBAL FINANCIAL CRISIS: KEY ISSUES FOR DEVELOPING COUNTRIES -- A. INTRODUCTION -- B. POLICY RESPONSE IN DEEs: PAYMENTS CONSTRAINT AND INTERNATIONAL SUPPORT -- C. REFORM OF THE INTERNATIONAL...

The 1990s witnessed several acute currency crises among developing nations that invariably spread to other nearby at-risk countries. These episodes-in Mexico, Thailand, South Korea, Russia, and Brazil-were all exacerbated by speculative foreign investments and high-volume movements of capital in...

As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. Despite the importance of the topic, few attempts have been...

International private capital flows to developing countries reached a record net level of 491 billion in 2005. This surge in private capital flows offers national and international policy makers a major opportunity to bolster development efforts if they can successfully meet three challenges....

As the globalization of financial markets continues, we urgently need to understand the crises that have plagued these markets and the policies best suited to preventing such crises in the future. In this book, a prominent group of economists and policymakers blend conceptual analysis and policy...

Clearing houses, or CCPs, were among the very few organisations to emerge from the global financial crisis with their standing enhanced. In the chaotic aftermath of the bankruptcy of Lehman Brothers, they successfully completed trades worth trillions of dollars in a multitude of financial...