Readership: Economists and public authorities involved in current discussions regarding international financial architecture; bankers and other private actors; NGOs.
Edited by Stephany Griffith-Jones, Professorial Fellow, Institute of Development Studies and Deputy Director, International Finance and Capital Markets Department, University of Sussex and Commonwealth Secretariat, Manuel F. Montes, Programme Officer, Ford Foundation, and Anwar Nasution, Senior Deputy Governor and Professor of Economics, Central Bank of Indonesia and University of Indonesia
Part I. The International and Analytical Context 1: Peter Montiel and Carmen M. Reinhart: The Dynamics of Capital Movements to Emerging Economies During the 1990s 2: E. V. K. FitzGerald: Short-Term Capital Flows, the Real Economy and Income Distribution in Developing Countries 3: Jane W. D'Arista and Stephany Griffith-Jones: The Boom of Portfolio Flows to 'Emerging Markets' and its Regulatory Implications Part II. Case Studies 4: Won-Am Park: Korea's Management of Capital Flows in the 1990s 5: Manuel F. Montes: The Southeast Asian Currency Crisis 6: Anwar Nasution: Capital Inflows and Policy Responses: The Case of Indonesia in the 1990s 7: Stephany Griffith-Jones: Causes and Lessons of the Mexican Peso Crisis 8: Eliana Cardoso: Brazil's Macroeconomic Policies and Capital Flows in the 1990s 9: Manuel R. Agosin and Ricardo Ffrench-Davis: Managing Capital Inflows in Chile 10: Brian Kahn: Capital Flows and Policy Responses in South Africa in the 1990s 11: Jorge Braga de Macedo: Crises? What Crises? Escudo from ECU to EMU Part III. Conclusions 12: Stephany Griffith-Jones, Manuel F. Montes and Anwar Nasution: Managing Capital Surges in Emerging Economies