Author: | D. Mr. Folkerts-Landau, Donald Mr. Mathieson, Morris Mr. Goldstein, Liliana Ms. Rojas-Suárez, José Saúl Mr. Lizondo, Timothy Mr. Lane | ISBN: | 9781452782263 |
Publisher: | INTERNATIONAL MONETARY FUND | Publication: | April 15, 1991 |
Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
Author: | D. Mr. Folkerts-Landau, Donald Mr. Mathieson, Morris Mr. Goldstein, Liliana Ms. Rojas-Suárez, José Saúl Mr. Lizondo, Timothy Mr. Lane |
ISBN: | 9781452782263 |
Publisher: | INTERNATIONAL MONETARY FUND |
Publication: | April 15, 1991 |
Imprint: | INTERNATIONAL MONETARY FUND |
Language: | English |
The growing integration of capital markets has strengthened incentives for greater international coordination of economic and financial policies. Structural changes in these financial market, however, may have undermined the effectiveness of monetary and fiscal policy and complicated market access by developing countries. These are among the findings of this study of capital flows in the 1970s and the 1980s.
The growing integration of capital markets has strengthened incentives for greater international coordination of economic and financial policies. Structural changes in these financial market, however, may have undermined the effectiveness of monetary and fiscal policy and complicated market access by developing countries. These are among the findings of this study of capital flows in the 1970s and the 1980s.