{"product_id":"capital-mobility-the-impact-on-consumption-investment-and-growth-paperback-9780521142731","title":"Capital Mobility; The Impact on Consumption, Investment and Growth (Paperback) 9780521142731","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eCapital Mobility\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eThe Impact on Consumption, Investment and Growth\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis edited volume examines capital mobility in both industrialised and developing countries.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eLeonardo Leiderman (Edited by), Assaf Razin (Edited by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521142731, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 8 April 2010\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e380 pages\u003cbr\u003e22.9 x 15.2 x 2.1 cm, 0.55 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"...the articles are of value in illuminating the techniques being used in these areas and because most of the authors develop their analytical models.\"   Journal of Economic Literature\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThe industrialised world has witnessed a dramatic increase in the volume of international capital movements in the forms of borrowing and lending, bond transactions and foreign direct investment. At the same time, many non-OECD countries have embarked on extensive programmes of capital market liberalisation. This volume examines the implications of this increased international capital mobility for both industrialised and developing countries. The contributors look at the effect of developments on economic fluctuations, and on fiscal and monetary policies under alternative exchange rate regimes. They also address the erosion of capital taxation as a source of government revenue, the contribution of mobile capital to development with 'endogenous growth', the role of mobile capital in reducing unemployment where there are large-scale population flows, and the convergence of national growth rates.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePreface\u003cbr\u003e Foreword\u003cbr\u003e 1. Introduction Leonardo Leiderman and Assaf Razin\u003cbr\u003e Part I. Macroeconomic Policy: 2. Are industrial-country consumption risks globally diversified? Mauric Obstfeld\u003cbr\u003e Discussion Benjamin Bental\u003cbr\u003e 3. Business-cycle volatility and openness: an exploratory cross-sectional analysis Assaf Razin and Andrew K. Rose\u003cbr\u003e Discussion Enrique G. Mendoza and Vittorio Grilli\u003cbr\u003e 4. The robustness of macroeconomic indicators of capital mobility Enrique G. Mendoza\u003cbr\u003e Discussion Joseph Zeira\u003cbr\u003e Part II. Exchange Rate Volatility: 5. An interpretation of recent research on exchange rate target zones Lars E. O. Svensson\u003cbr\u003e Discussion Shmuel Kandel and Andrew K. Rose\u003cbr\u003e 6. Some evidence on a strategic model of exchange rate bands Alex Cukierman, Miguel A. Kiguel and Leonardo Leiderman\u003cbr\u003e Discussion Lars E. O. Svensson and Giuseppe Bertola\u003cbr\u003e 7. Exchange rate volatility, uncertainty and investment: an empirical investigation John Huizinga\u003cbr\u003e Discussion Rafi Melnick\u003cbr\u003e Part III. Investment and Growth: 8. Foreign finance and economics growth: and empirical analysis Daniel Cohen\u003cbr\u003e Discussion Elhanan Helpman\u003cbr\u003e 9. Convergence in growth rates: a quantitative assessment of the role of capital mobility and international taxation Assaf Razin and Chi-Wa Yuen\u003cbr\u003e Discussion Oren Sussman\u003cbr\u003e 10. Will government policy magnify capital flow volatility? Giuseppe Bertola and Allan Drazen\u003cbr\u003e Discussions Gian Maria Milesi-Ferretti and Nathan Sussman\u003cbr\u003e Part IV. Policy Perspectives: 11. The political economy of capital controls Alberto Alesina, Vittorio Grilli and Gian Maria Milesi-Ferretti\u003cbr\u003e Discussion Roni Schachar and Marco Pagano\u003cbr\u003e 12. Capital controls and capital account liberalisation in industrial countries Donald J. Mathieson and Liliana Rojas-Suarez\u003cbr\u003e Discussion Eran Yashiv.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Macroeconomics [\u003ca title=\"See our other books on Macroeconomics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Macroeconomics%20%5BKCB%5D%22\"\u003eKCB\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46006139978008,"sku":"9780521142731","price":34.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521142731i_3ee1a439-100d-4b41-95c7-6dbb5cd938df.jpg?v=1691372377","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/capital-mobility-the-impact-on-consumption-investment-and-growth-paperback-9780521142731","provider":"Freshly Printed Books","version":"1.0","type":"link"}