Abstract
Currency flows have always been a leading policy concern, especially in emerging markets. The long Japanese slump, the ensuing very low interest rates in Japan that have lasted 20 years, and the carry trades this fostered made currency flows a hot topic again, even before the global financial crisis increased liquidity in all developed economies and led to a new wave of currency flows to emerging market economies.
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© 2015 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Stiglitz, J.E., Gürkaynak, R.S. (2015). Introduction. In: Stiglitz, J.E., Gürkaynak, R.S. (eds) Taming Capital Flows: Capital Account Management in an Era of Globalization. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137427687_1
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DOI: https://doi.org/10.1057/9781137427687_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-49121-6
Online ISBN: 978-1-137-42768-7
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