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Capital Transfers and Economic Policy: Canada, , Caves+=

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PublishedOn
1974-07-01
ISBN
9780674094857
EAN
9780674094857
Publication Name
Capital Transfers and Economic Policy : Canada, 1951-1962
Item Length
0.8in
Publisher
Harvard University Press
Series
Harvard Economic Studies
Publication Year
1971
Type
Textbook
Format
Hardcover
Language
English
Item Height
0.1in
Author
Richard E. Caves, Grant L. Reuber
Item Width
0.6in
Item Weight
25.6 Oz
Number of Pages
432 Pages

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Between 1951 and 1962 nearly ten billion dollars in long-term capital (both direct investment and purchase of securities) flowed into Canada. This massive amount represented one third of all long-term capital moving among industrial nations. Its transfer marked the first time since before World War I that the world witnessed such a large-scale international movement of capital motivated primarily by a prospect of higher rates of return. In Capital Transfers and Economic Policy the authors test the theory of the causes and effects of international capital movements against the evidence drawn from Canada's experience. They explore Canada's adjustment to capital flows and show how the operation of her economic policy is affected by the sensitivity of capital flows to the country's interest rates and foreign-exchange rate. Their brilliant analysis is particularly valuable in light of current trends in capital flows among industrial nations and the June 1970 return of the Canadian dollar to a flexible exchange rate, which put the economy in a working situation similar to that of the fifties.

Product Identifiers

Publisher
Harvard University Press
ISBN-10
0674094859
ISBN-13
9780674094857
eBay Product ID (ePID)
814950

Product Key Features

Author
Richard E. Caves, Grant L. Reuber
Publication Name
Capital Transfers and Economic Policy : Canada, 1951-1962
Format
Hardcover
Language
English
Series
Harvard Economic Studies
Publication Year
1971
Type
Textbook
Number of Pages
432 Pages

Dimensions

Item Length
0.8in
Item Height
0.1in
Item Width
0.6in
Item Weight
25.6 Oz

Additional Product Features

Series Volume Number
135
Lc Classification Number
Hc120.C3
Copyright Date
1971
Topic
Economic Conditions, Economics / General
Lccn
79-129123
Dewey Decimal
332.6/0971
Intended Audience
Scholarly & Professional
Dewey Edition
18
Illustrated
Yes
Genre
Business & Economics

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