Download or read book Canadian Economic Policy and the Impact of International Capital Flows written by Richard E. Caves and published by University of Toronto Press. This book was released on 1969-12-15 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The object of this study is to investigate the effects that complete and formal integration of the Canadian with the American capital market would have on the Canadian economy. It is based largely on recent trade statistics, particularly those of the period when the exchange rate floated. In summary, the short- and long-run effects could both be beneficial to Canada. This study is a convenient summary of a longer work by the same authors to be published in 1970.
Download or read book Canadian Economic Policy and the Impact of International Capital Flows written by Richard Earl Caves and published by . This book was released on 1969 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Transfers and Economic Policy Canada 1951 1962 written by Richard E. Caves and published by Harvard University Press. This book was released on 1971 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Multinationals in Canada Theory Performance and Economic Impact written by A.M. Rugman and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multinational enterprises have become one of the distinctive institutions of our times. Controversy over their economic and political effects, and over appropriate public policy responses, has become common in home and host countries and in international agencies. Much of this debate is reminiscent of the role of large corporations generally, particularly in their interregional and intergroup effects. The multinational setting, however, would have raised distinctive issues even apart from the strong surges of nationalism and anti-imperialism which have marked recent history. Canada has a long and unusual experience with such enterprises. Foreign control of capital in the nonfinancial industries (manufacturing, petroleum and gas, other mining and smelting, utilities, merchandising) was already 20 percent in 1930 and 25 percent in 1948. It rose to 36 percent by the late 1960s, but has since receded to about 30 percent. In 1975, fully 55 percent of the capital in manufacturing was controlled outside Canada, as was 72 per cent of that in petroleum and gas, and 58 percent in other mining. These figures exceed those of other developed countries, although there have been striking increases in recent decades. About 80 percent of the direct invest ment capital in Canada is from the United States. Recently, Canadians have xi xii FOREWORD become aware of a surge of Canadian direct investment abroad, which on a flow basis has exceeded inflows (exclusive of retained earnings) for most of the 1970s.
Download or read book International Capital Flows written by Martin Feldstein and published by University of Chicago Press. This book was released on 2007-12-01 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants.
Download or read book Canada in the Atlantic Economy written by and published by . This book was released on 1969 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Flows and International Policy Harmonization Comprising Two Studies of the Canada in the Atlantic Economy Series written by Harry Edward English and published by . This book was released on 1973 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Canadian Balance of Payments written by Frances Chambers and published by IRPP. This book was released on 1983 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Canada in a Wider Economic Community written by H. Edward English and published by University of Toronto Press. This book was released on 1972-12-15 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Private Planning Association of Canada initiated the Atlantic Economic Studies Program to study the implications for Canada of trade liberalization and closer economic integration among the nations bordering the North Atlantic. Over twenty studies by leading economists, which point out the significance of international trade for the structure and growth of the Canadian economy, have been published in a series of thirteen volumes. This is the last in the series, and it summarizes the conclusions expressed in the previous studies in chapters dealing with such topics as the growth of world markets and changing trade patterns, free trade alternatives for Canada, and the structure of the Canadian economy.
Download or read book Global Trends written by J. Bradford De Long and published by . This book was released on 1998 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper highlights the influence of 2 major trends on the course of global economic development: globalization and the world-wide productivity slowdown that began in the mid-1970s. Globalization is seen as likely to lead to 3 developments: the decline of countries' ability to manage their own macro-economies to meet domestic objectives, the re-appearance of large-scale international capital flows with their attendant benefits & risks, & a reduction in the influence & power of national union movements. This paper looks at recent economic history (predictable & unpredictable consequences of globalization, impact of key trends on Canada & the United States, & other trends -- industrialization of east Asia, distribution of the labour force, & international division of labour); and world economic prospects with 3 scenarios -- east Asia's rise to economic dominance, the end of the free-trade era, & the increasing virulence of international financial crises.
Download or read book U S Power and Canadian Economic Policy written by Hau Sing Tse and published by . This book was released on 1986 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Canadian Government Policies Toward Inward Foreign Direct Investment written by Steven Globerman and published by Industrie Canada. This book was released on 1998 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first section of this report identifies and discusses the range of policies that governments can implement to directly or indirectly influence inward foreign direct investment (FDI), as well as the behaviour of multinational companies in the host market. The following section sets out public policy criteria against which to evaluate the consequences of Canadian government policies toward inward FDI. The next section reviews the determinants of inward FDI, drawing upon the existing economic and international business literature. The subsequent two sections contain a broad overview of inward FDI patterns to Canada over the post-war period, with preliminary inferences about the influence of public policies on inward FDI flows, and discuss significant policy initiatives directed at influencing either the quantity of quality of inward FDI. These include the Foreign Investment Review Act, the Investment Canada Act, and the North American Free Trade Agreement. This is followed by a section that identifies Canadian government policies directed at restricting inward FDI at the sectoral level (financial services, oil and gas, communications). Welfare economics arguments for and against sectoral foreign ownership restrictions are considered. Original economic models of FDI for Canada are then discussed and case studies are presented of the consequences of foreign ownership and the impacts of foreign ownership policies on the three sectors mentioned above. The final section concludes the report with a summary and a set of policy recommendations.
Download or read book Evolving Financial Markets and International Capital Flows written by Lance E. Davis and published by Cambridge University Press. This book was released on 2001-05-07 with total page 1002 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the impact of British capital flows on the evolution of capital markets in four countries - Argentina, Australia, Canada, and the United States - over the years 1870 to 1914. In substantive chapters on each country it offers parallel histories of the evolution of their financial infrastructures - commercial banks, non-bank intermediaries, primary security markets, formal secondary security markets, and the institutions that provide the international financial links connecting the frontier country with the British capital market. At one level, the work constitutes a quantitative history of the development of the capital markets of five countries in the late nineteenth century. At a second level, it provides the basis for a useable taxonomy for the study of institutional invention and innovation. At a third, it suggests some lessons from the past about modern policy issues.
Download or read book Globalization and Canada s Financial Markets written by Economic Council of Canada and published by The Council. This book was released on 1990 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Staff Guidance Note on Macroprudential Policy written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-06-11 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note provides guidance to facilitate the staff’s advice on macroprudential policy in Fund surveillance. It elaborates on the principles set out in the “Key Aspects of Macroprudential Policy,” taking into account the work of international standard setters as well as the evolving country experience with macroprudential policy. The main note is accompanied by supplements offering Detailed Guidance on Instruments and Considerations for Low Income Countries
Download or read book Capital Flows and International Policy Harmonization written by Harry Edward English and published by Published for the Private Planning Association of Canada by University of Toronto Press. This book was released on 1973-01-01 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Canadian Economic Policy and the Impact of International Flows written by Richard E. Caves and published by . This book was released on 1969 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
