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The Capital Myth

Jagdish N. Bhagwati

Title:
The Capital Myth
Author(s):
Bhagwati, Jagdish N.
Date:
Type:
Articles
Department(s):
Economics
Volume:
77
Persistent URL:
Book/Journal Title:
Foreign Affairs
Abstract:
Argues that the logic of free trade does not apply to currency convertability, as the Asian currency crisis should have made clear. The issue of capital mobility ideology; The downside of free capital mobility in an economic crisis; Interest of Wall Street's financial firms in the world of free capital mobility.
Subject(s):
Economics
Item views
79
Metadata:
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Suggested Citation:
Jagdish N. Bhagwati, , The Capital Myth, Columbia University Academic Commons, .

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