Thursday, January 24, 2013, 7:30 p.m. Sunday, January 27, 2013, 7:30 a.m.
The global financial crisis has prompted some policymakers around the world to tighten economic controls, restricting currency and capital, capping interest rates, and imposing import/export licenses. Governments should be use caution when manipulating the free flow of currency and goods – history shows it can lead to an uptick in black market violence.
Professor Kislaya Prasad at the University of Maryland’s Robert H. Smith School of Business recently studied this effect. He talks about his findings in this edition of Smith Business Close-Up.
Prasad is a research professor and director of the Smith School’s Center for International Business Education and Research. His principal research focus is on the computability and complexity of individual decisions and economic equilibrium, innovation and diffusion of technology, and social influences on economic behavior. His research has been published in the leading economic journals.
Media Contact
Greg Muraski
Media Relations Manager
301-405-5283
301-892-0973 Mobile
gmuraski@umd.edu
About the University of Maryland's Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in business education and cutting-edge research. The school’s world-class faculty facilitate experiential learning opportunities rooted in the real world. Smith students learn to think like entrepreneurs, prepared to drive positive impact. The school offers undergraduate, online and on-campus business master's, full-time, part-time, online and executive MBA, plus PhD and DBA degree programs, and non-degree and executive education programs. Where Smith leads, the future follows.