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Coping with International Capital Flows

Authors : Richard Portes, David Vines
Publisher : Commonwealth Secretariat
Published Date : 1997
ISBN-13 : 9780850925029
Page : 42 Pages
Language : en


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Private capital flows to developing countries have increased dramatically. This book identifies key concerns about the sustainability and volatility of these flows, and makes a number of recommendations for national macroeconomics management, including crisis prevention measures. In addition there is an innovative proposal for the orderly workout of sovereign debt

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