Capital Account Regimes and the Developing Countries ([New ed.].)

This is an assessment of the debate over the role of volatile private capital flows and their impact on developing countries.

The book outlines the history of concern about these issues, going back to preparations for the Bretton Woods agreement.

It assesses their acceleration with the growth of international capital and looks at key case studies from Latin America, Asia and Africa to assess the possibilities and problems for national and international policy responses.