{"product_id":"capital-flows-and-crises-9780262050678","title":"Capital Flows and Crises","description":"\u003cp\u003eThe implications of capital mobility for growth and stability are some of the most contentious and least understood contemporary issues in economics. In this book  Barry Eichengreen discusses historical  theoretical  empirical  and policy aspects of the effects  both positive and negative  of capital flows. He focuses on the connections between capital flows and crises as well as on those between capital flows and growth.  Eichengreen argues that international financial liberalization  like other forms of economic liberalization  can positively affect the efficiency of resource allocation and the rate of economic growth. But analyses of both recent and historical experience also show an undeniable association between capital mobility and crises  especially when domestic institutions are weak and the harmonization of capital account liberalization and other policy reforms is inadequate. In his conclusion  Eichengreen makes suggestions for policy design to maximize the benefits of international financial liberalization while minimizing the risks of financial instability.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":67924563132469,"sku":"ByrdShop_0262050676","price":247.93,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780262050678.jpg?v=1794136667","url":"https:\/\/atxbooks.com\/products\/capital-flows-and-crises-9780262050678","provider":"ATX Books","version":"1.0","type":"link"}