JR., Paulo Nogueira Batista

"Globalização" financeira e regimes cambiais - São Paulo : Editora 34, abr./jun. 1998

This paper argues that, although international capital flows have increased rapidly in recent decades, financial markets are still far from forming an unified global market. It also argues that the effect of increasing capital mobility on national economic policy autonomy continues to depend, to a large extent, on the choice of the exchange rate regime