Book(s) 181 of 193

In the wake of the debt crisis, the massive and unanticipated return of voluntary lending to Latin American countries is an issue of pressing importance in international finance and for Latin America.

Coping With Capital Surges responds to the urgent need for research on this topic. Case studies from Mexico, Chile, and Argentina compare the macroeconomic measures that can be taken to make the benefits of these often volatile capital flows sustainable in the long term. The authors also examine in depth the scale, features, and motivations of investment and lending in North America, Europe, and Japan.

THE EDITORS

Ricardo Ffrench-Davis, a Chilean economist, is postgraduate professor of international economics at the University of Chile, and principal regional advisor of the Economic Commission for Latin America and the Caribbean (ECLAC).

Stephany Griffith-Jones is a senior fellow at the Institute of Development Studies, Sussex University. She has written widely on international finance, most recently on financial sector reform in transitional economies.

CONTENTS 

• Preface - Ricardo Ffrench-Davis and Stephany Griffith-Jones 
• Resurgence of Private Flows to Latin America: The Role of American Investors - Roy Culpeper 
• European Private Flows to Latin America: The Facts and the Issues - Stephany Griffith-Jones 
• Latin American Financing in Japan's Capital Markets - Punam Chuhan and Kwang W. Jun 
• Capital Movements, Export Strategy and Macroeconomic Stability in Chile - Ricardo Ffrench-Davis, Manuel Agosin, Andras Uthoff 
• Capital Movements in Argentina - José Maria Fanelli, José Luis Machinea 
• Capital Flows: The Mexican Case - José Angel Gurra 
• Conclusions: Surges in Capital Flows and Development: An Overview of Policy Issues - Robert Devlin, Ricardo Ffrench-Davis, Stephany Griffith-Jones 
• Bibliography 
• Index 

Book(s) 181 of 193