Capital Account Regimes and the Developing Countries: Issues and Approaches

G. K. Helleiner

Chapter 1 in Capital Account Regimes and the Developing Countries, 1999, pp 1-44 from Palgrave Macmillan

Abstract: Abstract Debate over the role of volatile private capital flows in international payments and appropriate government policies relating to them has a long history. The League of Nations produced an influential study of exchange-rate experience in the interwar period that addressed some of these issues (Nurkse, 1944); policy debate thereon sharpened in the preparations for (and at) the Bretton Woods conference in 1944; and it resurfaced repeatedly as current and capital account convertibility was restored to an increasing number of developed countries in the post Second World War period (Helleiner, 1994).

Keywords: Foreign Direct Investment; International Monetary Fund; Capital Flow; Capital Inflow; Private Capital (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15071-7_1

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DOI: 10.1007/978-1-349-15071-7_1

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