/ Masahiro Kawai -- 7. Facing the flood : how Asia is coping with volatile capital flows / Julia Leung -- 8

international economic recovery -- Africa and the perversities of international capital flows -- Capital flows

-- International capital flows -- Exchange-rate explanation and prediction -- Exchange-rate systems and effects

ernerging market econornies 37 3. Speculative capital flows and real effects 39 4. The potential of un

-term capital movements -- Restrictions on trade and payments for Balance-of-payments adjustment -- Monetary and

Foreign exchange market.

macrofounded approach extends and integrates non-market clearing traditions to macrodynamics and can be

the world capital market. Beginning with essays on exchange rate policy, the current account, and

ensuring that a country "owns" its reform program. A proper identification of market failures is essential

national currencies survive? -- Foreword to Global capital flows -- Prologue to The Tobin Tax: coping with

Telephone Industry -- 22 Exchange Rates, Retail Prices, and Market Structure -- 23 Population Aging and

Eurocurrency Market'13. Milton Friedman (1969), 'The Euro-Dollar Market: Some First Principles14. Jrg Niehans