The Global Economy and External Imbalances

Anthony Makin

Chapter 2 in Global Imbalances, Exchange Rates and Stabilization Policy, 2009, pp 8-25 from Palgrave Macmillan

Abstract: Abstract Since the breakdown of the Bretton Woods monetary system that prevailed from 1945 to the early 1970s, there has been greater exchange rate variability combined with phenomenal growth in the volume of international capital flows. This expansion of capital flows followed dismantling of the edifice of exchange controls that supposedly facilitated exchange rate management under the Bretton Woods system.

Keywords: Exchange Rate; Foreign Direct Investment; Capital Inflow; Domestic Saving; Asian Crisis (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25075-8_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230250758

DOI: 10.1057/9780230250758_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().