The growing integration of capital markets has strengthened incentives for greater international coordination of economic and financial policies. Structural changes in these financial market, however, may have undermined the effectiveness of monetary and fiscal policy and complicated market access by developing countries. These are among the findings of this study of capital flows in the 1970s and the 1980s.Batten, Dallas S., Michael Blackwell, In-Su Kim, Simon E. Nocera, and Yuzuru Ozeki, The Conduct of Monetary Policy in the Major ... Bishop, Graham, and others, Market Discipline Can Work in the EC Monetary Union (New York: Salomon Brothers, 1989). Creating an EC Monetary Union With Binding Market ... Brimmer, Andrew F., aquot;International Finance and the Management of Bank Failures: Herstatt vs.
|Title||:||Determinants and Systemic Consequences of International Capital Flows|
|Publisher||:||International Monetary Fund - 1991|