Capital Controls

Name: Capital Controls
Brand: Institute of Economic Affairs
SKU: 9780255365062
Price: 10.99 EUR
Availability: InStock

A Cure Worse Than the Problem?

Autor: Forrest Capie

Jazyk:

Väzba: Brožovaná

Vydavateľ: Institute of Economic Affairs

Dostupnosť: 50 % šanca

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Free capital movements played an important part in the economic integration and globalisation of the...

Informácie o knihe

Autor

Forrest Capie

Jazyk

Angličtina

Väzba

Kniha - Brožovaná

Vydalo

2002

Stránok

111

EAN

9780255365062

ISBN

0255365063

Enbook ID

04560062

Vydavateľ

Institute of Economic Affairs

Hmotnosť

136

Rozmery

131 x 196 x 7

Kompletný popis

Free capital movements played an important part in the economic integration and globalisation of the nineteenth century. By the end of the century capital flows were on a remarkable scale. The modern use of capital controls dates back to the 1930s. Professor Capie analyses historical experience with capital controls, in Britain and elsewhere, and reviews the theory. He concludes that such controls are damaging and that there is no case for reviving them, as some economists have suggested and as anti-globalisers would wish. Capital mobility improves the worldwide allocation of resources, channelling resources to their most productive uses. Controls on capital movements result in dead weight losses and bureaucratic costs. They are difficult to remove and they damage the credibility of the government's commitment to a market economy.

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Capital Controls

A Cure Worse Than the Problem?

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Kompletný popis

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