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Constraining International Financial Speculation: Is it Necessary Can it be Done This paper examines the impact of international monetary speculation and proposals to constrain it. Currency speculation is generally identified as one of the roots of the financial crises of the 1990s. Consequently, means of reducing the worst consequences of this financial speculation-foreign exchange controls-are being considered. This paper advocates their introduction and outlines their potential benefits. 10 pgs. Bibliography lists 17 sources.
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