Balance of Payments Textbook

Balance of Payments Textbook
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 159
Release: 1996-04-15
Genre: Business & Economics
ISBN: 1557755701

The Balance of Payments Textbook, like the Balance of Payments Compilation Guide, is a companion document to the fifth edition of the Balance of Payments Manual. The Textbook provides illustrative examples and applications of concepts, definitions, classifications, and conventions contained in the Manual and affords compilers with opportunities for enhancing their understanding of the relevant parts of the Manual. The Textbook is one of the main reference materials for training courses in balance of payments methodology.

Managing Capital Flows

Managing Capital Flows
Author: Masahiro Kawai
Publisher: Edward Elgar Publishing
Total Pages: 465
Release: 2010-01-01
Genre: Business & Economics
ISBN: 184980687X

Managing Capital Flows provides analyses that can help policymakers develop a framework for managing capital flows that is consistent with prudent macroeconomic and financial sector stability. While capital inflows can provide emerging market economies with invaluable benefits in pursuing economic development and growth, they can also pose serious policy challenges for macroeconomic management and financial sector supervision. The expert contributors cover a wide range of issues related to managing capital flows and analyze the experience of emerging Asian economies in dealing with surges in capital inflows. They also discuss possible policy measures to manage capital flows while remaining consistent with the goals of macroeconomic and financial sector stability. Building on this analysis, the book presents options for workable national policies and regional policy cooperation, particularly in exchange rate management. Containing chapters that bring in international experiences relevant to Asia and other emerging market economies, this insightful book will appeal to policymakers in governments and financial institutions, as well as public and private finance experts. It will also be of great interest to advanced students and academic researchers in finance.

Capital Account Liberalization

Capital Account Liberalization
Author: Mr.Giovanni Dell'Ariccia
Publisher: International Monetary Fund
Total Pages: 74
Release: 1998-09-30
Genre: Business & Economics
ISBN: 9781557757777

Capital account liberalization - orderly, properly sequence, and befitting the individual circumstances of countries- is an inevitable step for all countries wishing to realize the benefits of the globalized economy. This paper reviews the theories behind capital account liberalization and examines the dangers associated with free capital flows. The authors conclude that the dangers can be limited through a combination of sound macroeconomic and prudential policies.

Balance of Payments Compilation Guide

Balance of Payments Compilation Guide
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 398
Release: 1995-03-15
Genre: Business & Economics
ISBN: 9781557754707

A companion document to the fifth edition of the Balance of Payments Manual, the Balance of Payments Compilation Guide shows how the conceptual framework described in the Manual may be implemented in practice. The primary purpose of the Guide is to provide practical guidance for using sources and methods to compile statistics on the balance of payments and the international investment position. the Guide is designed to assist balance of payments compilers and statisticians in understanding the relative strengths and weaknesses of various approaches. The material reflects the emergence of new data sources and adaptations in the application of statistical methodologies to changing circumstances. Discussed in the Guide are all of the tasks that a BOP compiler normally performs. Appendices contain a set of model BOP questionnaires and a set of model BOP publication tables. Relationships between the balance of payments statistics and relevant aspects of national accounts are covered as well.

Capital Controls

Capital Controls
Author: Jonathan David Ostry
Publisher:
Total Pages: 0
Release: 2015
Genre: Capital market
ISBN: 9781783479498

The global financial crisis and its aftermath saw boom-bust cycles in cross-border capital flows of astounding magnitude. Issues of capital account liberalization and the imposition of capital controls are back in the headlines, and on researchers' agendas. This comprehensive and timely volume is the first collection of influential papers by leading scholars in the field that is representative of the various debates on this topic, and illustrative of how thinking and research have evolved.

Global Waves of Debt

Global Waves of Debt
Author: M. Ayhan Kose
Publisher: World Bank Publications
Total Pages: 403
Release: 2021-03-03
Genre: Business & Economics
ISBN: 1464815453

The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Preventing Currency Crises in Emerging Markets

Preventing Currency Crises in Emerging Markets
Author: Sebastian Edwards
Publisher: University of Chicago Press
Total Pages: 782
Release: 2002-11-15
Genre: Business & Economics
ISBN: 9780226184944

Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future of the global financial system. In this timely and important volume, distinguished academics, officials in multilateral organizations, and public and private sector economists explore the causes of and effective policy responses to international currency crises. Topics covered include exchange rate regimes, contagion (transmission of currency crises across countries), the current account of the balance of payments, the role of private sector investors and of speculators, the reaction of the official sector (including the multilaterals), capital controls, bank supervision and weaknesses, and the roles of cronyism, corruption, and large players (including hedge funds). Ably balancing detailed case studies, cross-country comparisons, and theoretical concerns, this book will make a major contribution to ongoing efforts to understand and prevent international currency crises.

Capital Movements and Their Control

Capital Movements and Their Control
Author: Alexander K. Swoboda
Publisher: BRILL
Total Pages: 248
Release: 1976
Genre: Business & Economics
ISBN: 9789028602953

At head of title: Institut universitaire de hautes eÌ tudes internationales. Includes bibliographies and index.

Free Movement

Free Movement
Author: Brian Barry
Publisher: Routledge
Total Pages: 291
Release: 2015-03-18
Genre: Political Science
ISBN: 1317867076

First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.

Why Do Countries Use Capital Controls?

Why Do Countries Use Capital Controls?
Author: Mr.R. B. Johnston
Publisher: International Monetary Fund
Total Pages: 38
Release: 1998-12-01
Genre: Business & Economics
ISBN: 1451859163

Recourse to controls on capital flows among developing economies is generally quite pervasive. This paper examines the structure and determinants of capital controls based on a cross-sectional study of developing and transition economies. It identifies categories of capital transactions that can be aggregated for analytical purposes. Controls are found to be related to the balance of payments, macroeconomic management, market and institutional evolution, prudential and other factors. The relationship with the balance of payments, however, is not robust to simultaneous equation analysis.