Capital Controls

Name: Capital Controls
Brand: Institute of Economic Affairs
SKU: 9780255365062
Price: 11.75 EUR
Availability: InStock

A Cure Worse Than the Problem?

Автор: Forrest Capie

Език:

Корици: С меки корици

Издател: Institute of Economic Affairs

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

Информация за книгата

Автор

Forrest Capie

Език

Английски език

Корици

Книга - С меки корици

Издадена

2002

страници

111

EAN

9780255365062

ISBN

0255365063

Enbook ID

04560062

Издател

Institute of Economic Affairs

Теглоt

136

Размери

131 x 196 x 7

Пълно описание

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?

Информация за книгата

Пълно описание

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Клиенти, които купиха тази книга, купиха също