It takes the average reader 1 hour and 3 minutes to read The Chinese Approach to Capital Inflows by Mr.Eswar Prasad
Assuming a reading speed of 250 words per minute. Learn more
In this paper, we adopt a cross-country perspective to examine the evolution of capital flows into China, both in terms of volumes and composition. China's inflows have generally been dominated by foreign direct investment (FDI), a pattern that appears to be favorable in light of the recent literature on the experiences of developing countries with financial globalization. We provide a detailed documentation of the evolution of China's capital controls, a proximate determinant of the pattern of capital inflows. We also discuss a number of other intriguing hypotheses that attempt to capture the "deeper" causes underlying China's approach to capital flows. In particular, we argue that some popular mercantilist-type arguments are inconsistent with the facts. We also analyze the recent rapid rise of China's international reserves and discuss its implications. Contrary to some popular perceptions, the dramatic surge in foreign exchange reserves since 2001 is mainly attributable to non-FDI capital inflows, rather than current account surpluses or FDI.
The Chinese Approach to Capital Inflows by Mr.Eswar Prasad is 63 pages long, and a total of 15,939 words.
This makes it 21% the length of the average book. It also has 19% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 27 minutes to read The Chinese Approach to Capital Inflows aloud.
The Chinese Approach to Capital Inflows is suitable for students ages 8 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.
The Chinese Approach to Capital Inflows by Mr.Eswar Prasad is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy The Chinese Approach to Capital Inflows by Mr.Eswar Prasad on Amazon click the button below.
Buy The Chinese Approach to Capital Inflows on Amazon