@article{1385923,
      recid = {1385923},
      author = {Eichengreen, Barry J.},
      title = {Capital flows and crises /},
      publisher = {MIT Press,},
      address = {Cambridge, Mass. :},
      pages = {1 online resource (viii, 377 pages) :},
      year = {2003},
      abstract = {The 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.},
      url = {http://library.usi.edu/record/1385923},
}