Pub Date : 2019-12-31DOI: 10.7591/9781501731402-010
Dorothy M. Sobol
The resurgence of private capital flows to developing countries beginning in the late 1980s did not initially benefit the countries of Central and Eastern Europe. With the collapse of Communist governments throughout the region beginning in 1989 most countries in the region were absorbed in a political and economic upheaval unimaginable only years earlier. Today, while the amount of private capital entering Central and Eastern Europe is still a very small fraction of that provided to all developing countries, it has nonetheless begun to flow in. Whereas the countries in Central and Eastern Europe as a group were running capital account deficits in the early 1990s, this situation turned around beginning in 1992, as reform programs in a number of countries started to take hold.
{"title":"7. Central and Eastern Europe: Financial Markets and Private Capital Flows","authors":"Dorothy M. Sobol","doi":"10.7591/9781501731402-010","DOIUrl":"https://doi.org/10.7591/9781501731402-010","url":null,"abstract":"The resurgence of private capital flows to developing countries beginning in the late 1980s did not initially benefit the countries of Central and Eastern Europe. With the collapse of Communist governments throughout the region beginning in 1989 most countries in the region were absorbed in a political and economic upheaval unimaginable only years earlier. Today, while the amount of private capital entering Central and Eastern Europe is still a very small fraction of that provided to all developing countries, it has nonetheless begun to flow in. Whereas the countries in Central and Eastern Europe as a group were running capital account deficits in the early 1990s, this situation turned around beginning in 1992, as reform programs in a number of countries started to take hold.","PeriodicalId":338990,"journal":{"name":"Capital Flows and Financial Crises","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114617659","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-12-31DOI: 10.7591/9781501731402-007
Carmen M. Reinhart, Vincent R. Reinhart
This paper provides a cross country analysis of surges on capital inflows. Specifically, we examine the broad range of policies that countries have adopted to cope the challenges posed by large and volatile capital flows. We take stock of developments of exchange rate and monetary policy, including, in some cases, the use of capital constrols.
{"title":"4. Some Lessons for Policy Makers Who Deal with the Mixed Blessing of Capital Inflows","authors":"Carmen M. Reinhart, Vincent R. Reinhart","doi":"10.7591/9781501731402-007","DOIUrl":"https://doi.org/10.7591/9781501731402-007","url":null,"abstract":"This paper provides a cross country analysis of surges on capital inflows. Specifically, we examine the broad range of policies that countries have adopted to cope the challenges posed by large and volatile capital flows. We take stock of developments of exchange rate and monetary policy, including, in some cases, the use of capital constrols.","PeriodicalId":338990,"journal":{"name":"Capital Flows and Financial Crises","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125890848","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-12-31DOI: 10.7591/9781501731402-004
M. Kahler
{"title":"1. Introduction: Capital Flows and Financial Crises in the 1990s","authors":"M. Kahler","doi":"10.7591/9781501731402-004","DOIUrl":"https://doi.org/10.7591/9781501731402-004","url":null,"abstract":"","PeriodicalId":338990,"journal":{"name":"Capital Flows and Financial Crises","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117227870","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1996-06-01DOI: 10.7591/9781501731402-012
J. Sachs
ABSTRACT This text analyzes the occurrence of crises in the financial markets of the so-called emerging economies. In the second section, we analyze the factors that can lead to financial crises in these markets, as well as suggest some macroeconomic measures or institutional arrangements that could prevent or minimize them. The third section discusses the role of international organizations, especially the IMF, in preventing and resolving these crises.
{"title":"9. Alternative Approaches to Financial Crises in Emerging Markets","authors":"J. Sachs","doi":"10.7591/9781501731402-012","DOIUrl":"https://doi.org/10.7591/9781501731402-012","url":null,"abstract":"ABSTRACT This text analyzes the occurrence of crises in the financial markets of the so-called emerging economies. In the second section, we analyze the factors that can lead to financial crises in these markets, as well as suggest some macroeconomic measures or institutional arrangements that could prevent or minimize them. The third section discusses the role of international organizations, especially the IMF, in preventing and resolving these crises.","PeriodicalId":338990,"journal":{"name":"Capital Flows and Financial Crises","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1996-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124295015","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：