The political economy of capital controls
- ISBN: 9780521582223
- Editorial: Cambridge University Press
- Fecha de la edición: 2000
- Lugar de la edición: . Reino Unido
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 282
- Idiomas: Inglés
Restrictions on international capital movements remain the norm in international finance. In 1996 144 out of 186 countries maintained capital controls (IMF). In this 2000 comprehensive study of capital controls, Gunther Schulze assesses the existing literature and presents original research based on a public choice model.
List of figures; List of tables; Preface; 1. Introduction; Part I. The Reasons for Capital Controls: 2. Political-economic determinants of capital controls; 3. Capital controls in a small open economy; 4. Extensions: large open economy and unemployment; Part II. The Evasion of Capital Controls: 5. Ways and means to escape the restrictions; 6. Misinvoicing international trade: imports; 7. Misinvoicing international trade: exports; Part III. Empirical Measurement of the Effectiveness of Capital Controls: 8. The effects of capital controls - unexploited profit opportunities?; 9. Return differentials; 10. The correlation of saving and investment; 11. Finale; Appendices; References; Index.
