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Rethinking the economics of capital mobility and capital controls (Record no. 30045)

000 -LEADER
fixed length control field 01627naa a2200193uu 4500
001 - CONTROL NUMBER
control field 9092214315013
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20190524092024.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 090922s2009 xx ||||gr |0|| 0 eng d
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha Dewey Subclass [OBSOLETE] PHL2MARC21 1.1
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 1# - MAIN ENTRY--PERSONAL NAME
9 (RLIN) 37672
Personal name Palley, Thomas
245 10 - TITLE STATEMENT
Title Rethinking the economics of capital mobility and capital controls
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Editora 34,
Date of publication, distribution, etc. jul./set.2009
520 3# - SUMMARY, ETC.
Summary, etc. This paper reexamines the issue of international financial capital mobility, which is today’s economic orthodoxy. Discussion is often framed in terms of the impossible trinity. That framing distorts discussion by representing capital mobility as having equal significance with sovereign monetary policy and control over exchange rates. It also distorts discussion by ignoring possibilities for coordinated monetary policy and exchange rates, and for managed capital flows. The case for capital mobility rests on neo-classical economic efficiency arguments and neo-liberal political arguments. The case against capital mobility is based on Keynesian macroeconomic inefficiency arguments, neo-Walrasian market failure arguments, and neo-Marxian arguments regarding distortion of the social structure of accumulation. Close examination shows the case for capital mobility to be extremely flimsy, pointing to the ideological dimension behind today’s policy orthodoxy.
590 ## - LOCAL NOTE (RLIN)
Local note v. 29, n. 3(115)
773 08 - HOST ITEM ENTRY
Title Revista de Economia Política = Brazilian Journal of Political Economy
Related parts 29, 3, p. 15-34
Place, publisher, and date of publication Editora 34, jul./set.2009
International Standard Serial Number ISSN 01013157
Record control number
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Periódico
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20090922
Operator's initials, OID (RLIN) 1431^b
Cataloger's initials, CIN (RLIN) mayze
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20140306
Operator's initials, OID (RLIN) 0942^b
Cataloger's initials, CIN (RLIN) karina

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