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Uma Ms. Ramakrishnan的圖書 |
$ 235 電子書 | Capital Inflows and Balance of Payments Pressures - Tailoring Policy Responses in Emerging Market Economies
作者:Bikas Joshi,Manuela Goretti,Uma Ms. Ramakrishnan,Alun Mr. Thomas,Atish Mr. Ghosh,Juan Mr. Zalduendo 出版社:INTERNATIONAL MONETARY FUND 出版日期:2008-06-01 語言:英文 樂天KOBO - 經濟學 - 來源網頁   看圖書介紹 |
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Although capital inflows are generally beneficial to recipient countries, they also pose a challenge for the conduct of economic policy. This paper proposes a conceptual taxonomy to guide the design of policy responses in the face of capital flows. We explore how responses to capital surges should be differentiated based on the source of balance of payments pressures. We also examine whether the policy choices in emerging market countries conform to the taxonomy's predictions and find some correspondence, especially during periods of high global liquidity.
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