It takes the average reader 7 hours and 40 minutes to read Capital Transfers and Economic Policy: Canada, 1951-1962 by Richard E Caves
Assuming a reading speed of 250 words per minute. Learn more
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.
Capital Transfers and Economic Policy: Canada, 1951-1962 by Richard E Caves is 460 pages long, and a total of 115,000 words.
This makes it 155% the length of the average book. It also has 141% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 10 hours and 28 minutes to read Capital Transfers and Economic Policy: Canada, 1951-1962 aloud.
Capital Transfers and Economic Policy: Canada, 1951-1962 is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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