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Re: In Defense of Capital Controls



>===== Original Message From Gary Santos <evs@xxxxxxxxxxxx> =====
>Interesting read for me.
>
>http://www.geocities.com/Eureka/Concourse/8751/edisi04/glob-01a.html
>
>International Herald Tribune
>Paris, Friday, February 18, 2000
>
>
>In Defense of Capital Controls
>At Trade Conference, a Push to Curb Forces of Globalization
>By Thomas Crampton International Herald Tribune
>
Perhaps you would be interested in reading my 1998 paper "The Case For
Regulating International Capital Flows". This paper was presented at a debate
with Nigel Lawson (chancellor of the Exchequer under Margaret Thatcher), John
Flemming , Meghnad Desai and Robert Skuidelsky in London on 17 November 1998
at the Social arket Foundation .  The entire debate was first published by the
Social Market Foundation in a small book entitled CAPITAL REGULATION: FOR AND
AGAINST (1999).  My article is reprinted in UNCERTAINTY, INTERNATIONAAL MONEY,
EMPLOYMENT AND THEORY, The Collected Writings of Paul Davidson, Volume 3 --
edited by Louise Davidson(Macmillan in the UK; St. Martin's Press in the US,
1999).

It provides a theoretical framework for when international capital regulations
are desireable and necessary for both OECD nations, industrialized nations and
other LDCs .

Paul Davidson
Editor, Journal of Post Keynesian Economics
University of Tennessee
SMC 503
Knoxville, Tennessee 37996-0550
office phone #;(865)974-4221; office fax# (865)974-1686 or (865)974-4601
home phone and fax # (865)692-0802
email pdavidson@xxxxxxx
http://econ.bus.utk.edu/davidsonextra/Davidson.html




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