Only at the end of the 20 th century, not the international financial markets are beginning to enjoy the freedom from state regulation, that they had before the First World War. By 2002, the international capital markets has grown to be huge - $ 1.2 trillion flowed around the world each day. Massive size of the market is represented by politicians with a serious problem, because they have had to deal with the costs and benefits of a mobile capital. This note summarizes for modern history of capital controls and summarizes scholarship on the advantages and disadvantages of international regulation of financial markets. "Hide
by Ravi Abdelal, Laura Alfaro, 6 pages. Publication Date: April 3, 2002. Prod. #: +702082- PDF-ENG
Related Case Solutions & Analyses:
Rethinking underemployment and overqualification in organizations: The not so ugly truth
CLP: Powering Asia
Western Technology Investment
Great Atlantic & Pacific Tea Company Inc.
Pampers: The Launch of Pampers Rash Guard (A)
Delta Air Lines (A): The Low-Cost Carrier Threat
The Evolution of the Circus Industry (A)
Who Is the Fairest of Them All? Choosing a Leader at Deronde International
The Business Environment of China: Challenges of an Emerging Economic Superpower
Fashion in Digital age
