Download or read book Global Capital Flows written by Stephany Griffith-Jones and published by Springer. This book was released on 1998-11-12 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the rapid growth and dramatic changes in capital flows globally and to emerging markets. In the context of relevant economic theory, it analyses benefits and costs of large and volatile capital flows to developing countries; the latter includes damaging currency crises as the Mexican and East Asian economies. The book makes innovative proposals on how best national governments - and especially - international organisations can avoid such crises.