Capital Mobility, Capital Controls, and Globalization in the Twenty-First Century

Author:

Edwards Sebastian1

Affiliation:

1. University of California, Los Angeles

Abstract

The purpose of this paper is to analyze the effects of economic openness and increasing capital mobility on the economic growth. The author argues that "anti-globalization" views are based on incomplete evidence and tend to ignore important historical evidence. In the pare the author discusses the relationship between market-distortions and economic growth according to the economic theory. The author also deals with the debate on the "sequencing" of economic reforms and the effectiveness of controls on capital inflows based on the Chilean 1991-1998 experience.

Publisher

SAGE Publications

Subject

General Social Sciences,Sociology and Political Science

Reference16 articles.

1. Cowan, Kevin, and Jose De Gregorio . 1997. Exchange rate policies and capital account management: Chile in the 1990s. Departamento de Ingenieria Industrial, Universidad de Chile. Documento de Trabajo Dectro de Economia Aplicada No. 22. Also published in Cowan, Kevin, and Jose De Gregorio. 11998. Managing capital flows and exchange rates: Lessons from the Pacific Basin, edited by R. Glick, 465-488. Cambridge University Press.

2. Controls on capital inflows: do they work?

3. Two Crises: Inflationary Inertia and Credibility

4. How Effective are Capital Controls?

Cited by 5 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3