National economic identity and capital mobility: State-business relations in Latin America

Why has capital account liberalization been a durable policy in some countries, but not in others? The book uses the contrast between the path pursued by Peru and Colombia regarding capital account policy during the last twenty years in order to identify two critical factors to account for this puzz...

Descripción completa

Detalles Bibliográficos
Autor Principal: Leiteritz, Ralf Juan
Formato: info:eu-repo/semantics/Book
Lenguaje:Inglés (English)
Publicado: Springer 2012
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/29990
id ir-10336-29990
recordtype dspace
spelling ir-10336-299902020-09-11T21:07:28Z National economic identity and capital mobility: State-business relations in Latin America Identidad económica nacional y movilidad de capitales: relaciones Estado-empresas en América Latina Leiteritz, Ralf Juan Economic Identity Capital account Peru Colombia Why has capital account liberalization been a durable policy in some countries, but not in others? The book uses the contrast between the path pursued by Peru and Colombia regarding capital account policy during the last twenty years in order to identify two critical factors to account for this puzzle. First, changes in domestic informal institutions are a necessary element of sustainable capital account policy choices. Second, sustainable capital account liberalization presupposes that business-government relations privilege the interests of economic sectors that depend on the unfettered flow of international capital and are largely unaffected by exchange-rate volatility over the interests of exporters of non-traditional goods worried about exchange-rate appreciation in the context of capital account openness. 2012 2020-09-11T21:06:58Z info:eu-repo/semantics/Book info:eu-repo/semantics/publishedVersion ISBN: 978-3-531-18528-6 https://repository.urosario.edu.co/handle/10336/29990 eng info:eu-repo/semantics/restrictedAccess application/pdf Springer VS Verlag für Sozialwissenschaften National economic identity and capital mobility: State-business relations in Latin America
institution EdocUR - Universidad del Rosario
collection DSpace
language Inglés (English)
topic Economic Identity
Capital account
Peru
Colombia
spellingShingle Economic Identity
Capital account
Peru
Colombia
Leiteritz, Ralf Juan
National economic identity and capital mobility: State-business relations in Latin America
description Why has capital account liberalization been a durable policy in some countries, but not in others? The book uses the contrast between the path pursued by Peru and Colombia regarding capital account policy during the last twenty years in order to identify two critical factors to account for this puzzle. First, changes in domestic informal institutions are a necessary element of sustainable capital account policy choices. Second, sustainable capital account liberalization presupposes that business-government relations privilege the interests of economic sectors that depend on the unfettered flow of international capital and are largely unaffected by exchange-rate volatility over the interests of exporters of non-traditional goods worried about exchange-rate appreciation in the context of capital account openness.
format info:eu-repo/semantics/Book
author Leiteritz, Ralf Juan
author_facet Leiteritz, Ralf Juan
author_sort Leiteritz, Ralf Juan
title National economic identity and capital mobility: State-business relations in Latin America
title_short National economic identity and capital mobility: State-business relations in Latin America
title_full National economic identity and capital mobility: State-business relations in Latin America
title_fullStr National economic identity and capital mobility: State-business relations in Latin America
title_full_unstemmed National economic identity and capital mobility: State-business relations in Latin America
title_sort national economic identity and capital mobility: state-business relations in latin america
publisher Springer
publishDate 2012
url https://repository.urosario.edu.co/handle/10336/29990
_version_ 1679245162652368896
score 12,131701