Financial Openness And National Autonomy: Opportunities And Constraints (wider Studies In Development Economics)

A Study Of The Effect That Internationalization And Deregulation Of Financial Markets Has Had On The Ability Of Governments Of Developing Countries To Control Their Own Fiscal And Monetary Policy. 1. Introduction / Juliet B. Schor -- Pt. I. How Has The World Changed? 2. Openness, Financial Innovation, Changing Patterns Of Ownership, And The Structure Of Financial Markets / Andrew D. Gosh, Alan Hughes And Ajit Singh. 3. Are World Financial Markets More Open? If So, Why And With What Effects? / Robert Zevin -- Pt. Ii. Why Has The World Changed? Bankers And States. 4. Financial Markets Versus Governments / Robert Pringle. 5. Exchange Controls And Policy Autonomy: The Case Of Australia, 1983-1988 / Andrew Glyn. 6. Structural Determinants And Economic Effects Of Capital Controls In Oecd Countries / Gerald A. Epstein And Juliet B. Schor -- Pt. Iii. Looking Ahead: Policy Behaviour In An Open World. 7. International Capital Markets And The Limits Of National Economic Policy / Gerald A. Epstein And Herbert Gintis. 8. Capital Mobility And Policy Effectiveness Under A Credit Run: The Mexican Economy In The 1980s / Jaime Ros. 9. Black Markets, Openness, And Central Bank Autonomy / Tariq Banuri. Edited By Tariq Banuri And Juliet B. Schor. A Study Prepared For The World Institute For Development Economics Research (wider) Of The United Nations University. Includes Bibliographical References (p. [255]-269) And Index.