Welcome to the new Anthem Press website, currently in BETA mode. The fully functional and updated site will be live soon!

Capital Without Borders

Capital Without Borders

Challenges to Development

Edited by Ashwini Deshpande

This volume examines different facets of international capital movements - the role of openness, the implications of large inflows of foreign capital and the impact of regulatory frameworks - from the point of view of the global South.

PDF, 250 Pages

ISBN:9781843313199

January 2011

£20.00, $32.00

More Retailers>

  • About This Book
  • Reviews
  • Author Information
  • Series
  • Table of Contents
  • Recently Viewed Titles

About This Book

This book contains selected papers from the Annual Conference on Development and Change (ACDC) held at Sao Paulo in November 2006. Second in a series of three conferences, the 2006 ACDC showcased research by relatively younger scholars. While precise and rigorous alternatives to the neoliberal agenda are often overlooked in the huge volume of literature that addresses the larger issues, both aspects - the larger picture and the smaller nuts-and-bolts details - are very important, and this volume fills the gaps in the latter category. These papers were written before the global recession, and events subsequent to the conference and the writing of these papers have validated several of the concerns raised by their authors.

This volume focuses on a plethora of issues from the point of view of the South. It demonstrates, for example, that if capital inflows exceed a certain volume - no matter how they are absorbed - such openness will inevitably result in a crisis in the receiving country. The popular understanding of foreign portfolio investment as more benign than foreign direct investment (FDI) is also challenged. By contrasting contemporary capital flows as well as the international capital flows of the nineteenth century, this collection highlights the role of regulation and the role of the state, and ultimately emphasizes the need for recipient country governments to exercise policy options to control the volume of foreign capital inflows.

Reviews

No reviews for this title.

Author Information

Ashwini Deshpande is a professor in the Department of Economics at the Delhi School of Economics. She holds a PhD and an MA in Economics, and was awarded the Exim bank award for an outstanding dissertation in 1995. She is also the 2007 recipient of the VKRV Rao Prize in Economics, awarded to economists below the age of 45 for their outstanding contribution to the field.

Series

Anthem Frontiers of Global Political Economy

Table of Contents

Introduction; How Financial Liberalisation Led in the 1990s to Three Different Cycles of 'Manias, Panic and Crashes' in Middle Income Countries; Timing the Mexican 1994-95 Financial Crisis Using a Markov Switching Approach; Exchange Rate, Inflation and Growth; Alternative Measures of Currency Substitution in Turkey; Competitive Diversification in Resource Abundant Countrie; Foreign Portfolio Investment in India; Transnational Corporations and the Internationalisation of Research and Development Activities in Developing Countries; External Debt Nationalization a Major Tendency on Brazilian External Debt in the Twentieth Century; Prudential Regulations and Safety Nets; Understanding New Threats to Development in Comparative Regional Perspectives

Recently Viewed Titles

Latest Tweets

  • There are four new reviews up on the Anthem EnviroExperts Review website. Explore these important environmental tit… https://t.co/uwPOLk3QIT

    - 17:23:42 on 16/08/2019
  • 'Conflict and Sustainability in a Changing Environment' By Gwendolyn Smith & Elena P. Bastidas presents the idea th… https://t.co/3YlXQleKTf

    - 17:23:42 on 15/08/2019
  • ‘Food Insecurity and Revolution in the Middle East and North Africa’ by Habib Ayeb & Ray Bush examines the politica… https://t.co/kxdiW8sGKk

    - 17:23:42 on 14/08/2019
  • Did you now Anthem publishes a variety of series? Explore one of our most popular collections: Anthem Companions to… https://t.co/oIWb752u4I

    - 17:23:42 on 13/08/2019
  • Start your Monday out by reading an interview with James K. Boyce on improving human well-being while protecting ou… https://t.co/fQ9swO0wR8

    - 17:23:42 on 12/08/2019
  • "Learning from Franz Neumann" examines the political and legal thought of Franz Neumann in relation to the modern d… https://t.co/T5rbY2r0EN

    - 17:23:42 on 09/08/2019
  • Our new edited collection 'Transnational Return and Social Change: Hierarchies, Identities and Ideas' is out now! R… https://t.co/kHqtd0BHbk

    - 17:23:42 on 07/08/2019
  • Get excited, for the paperback edition of 'Decolonizing the Diet' by Gideon Mailer & Nicola Hale is out this month!… https://t.co/j0YTyHdvYE

    - 17:23:42 on 06/08/2019
  • Start your Monday off with a thoughtful review of "Visuality in the Novels of Austen, Radcliffe, Edgeworth and Burn… https://t.co/cmcAcWEvNu

    - 17:23:42 on 05/08/2019
  • Multicriteria Analysis for Environmental Decision-Making by @DavideGeneletti is out on Anthem Press! Explore this i… https://t.co/SOkqvEG0oF

    - 17:23:42 on 01/08/2019