Managing Capital Flows And Exchange Rates
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Managing Capital Flows provides analyses that can help policymakers develop a framework for managing capital flows that is consistent with prudent macroeconomic
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The volatility of capital flows to emerging markets continues to pose challenges to policymakers. In this paper, we propose a new framework to answer critical p
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Breaking from conventional wisdom, this book provides an explanation of exchange rates based on the premise that it is financial capital flows and not internati
