Author : Vincent Lim
Publisher : South East Asian Central Banks Research and Training Centre
Page : 132 pages
File Size : 34,29 MB
Release : 1999
Category : Capital movements
ISBN :
Author : Delano S Villanueva
Publisher : World Scientific
Page : 271 pages
File Size : 24,14 MB
Release : 2008-09-29
Category : Business & Economics
ISBN : 9814470880
This volume is a collection of published and unpublished papers that the author has written over the last two decades during part of his tenure at the International Monetary Fund, The South East Asian Central Banks Research and Training Center, and Singapore Management University. The policy-oriented book examines the links between macroeconomic policies and noninflationary, full-employment levels and growth rates of aggregate gross domestic product, with particular focus on the application in emerging markets of the tools of growth theory. Theoretically sound and grounded in practical wisdom, this book is an essential reading for economic, financial and developmental policymakers, professional economists, and undergraduate/graduate students in economics and social sciences.
Author : Takatoshi Ito
Publisher : University of Chicago Press
Page : 404 pages
File Size : 11,44 MB
Release : 2009-02-15
Category : Business & Economics
ISBN : 0226387011
The volume of capital flows between industrial and developing countries has grown dramatically in the past decade and has become a major issue in a world that is increasingly "globalized." Here Takatoshi Ito and Anne O. Krueger, two leading experts on this topic, have assembled a group of scholars who address different types of capital flows—bank lending, bonds, direct foreign investment—and the implications they hold for economic performance. With its particular focus on the Asian financial crises, this work presents a new model for policy makers everywhere in thinking about the role of private capital flows.
Author : Eduardo Levy-Yeyati
Publisher : World Bank Publications
Page : 39 pages
File Size : 23,95 MB
Release : 2007
Category : Central Bank
ISBN :
Abstract: In recent years the term "fear of floating" has been used to describe exchange rate regimes that, while officially flexible, in practice intervene heavily to avoid sudden or large depreciations. However, the data reveals that in most cases (and increasingly so in the 2000s) intervention has been aimed at limiting appreciations rather than depreciations, often motivated by the neo-mercantilist view of a depreciated real exchange rate as protection for domestic industries. As a first step to address the broader question of whether this view delivers on its promise, the authors examine whether this "fear of appreciation" has a positive impact on growth performance in developing economies. The authors show that depreciated exchange rates appear to induce higher growth, but that the effect, rather than through import substitution or export booms as argued by the mercantilist view, works largely through the deepening of domestic savings and capital accumulation.
Author : Ms.Ana Corbacho
Publisher : International Monetary Fund
Page : 311 pages
File Size : 34,8 MB
Release : 2018-10-02
Category : Business & Economics
ISBN : 1513558900
The first part of the book examines the evolution of monetary policy and prudential frameworks of the ASEAN5, with particular focus on changes since the Asian financial crisis and the more recent period of unconventional monetary policy in advanced economies. The second part of the book looks at policy responses to global financial spillovers. The third and last part of the book elaborates on the challenges ahead for monetary policy, financial stability frameworks, and the deepening of financial markets.
Author :
Publisher :
Page : 189 pages
File Size : 17,41 MB
Release : 2009
Category : Banks and banking, Central
ISBN : 9789291317912
This report by the Central Bank Governance Group presents information intended to help decision-makers set up governance arrangements that are most suitable for their own circumstances. The report draws on a large body of information on the design and operation of central banks that the BIS has brought together since it initiated work on central bank governance in the early 1990s. The need to deal with chronic inflation in the 1970s and 1980s prompted the identification of price stability as a formal central bank objective and led to a significant reworking of governance arrangements. The current global financial crisis could have equally important implications for central banks, particularly with respect to their role in fostering financial stability. Although it is too early to know how central banking will change as a result, the report takes an important first step in identifying governance questions that the crisis poses.
Author : Masahiro Kawai
Publisher : Edward Elgar Publishing
Page : 465 pages
File Size : 49,51 MB
Release : 2010-01-01
Category : Business & Economics
ISBN : 184980687X
Managing Capital Flows provides analyses that can help policymakers develop a framework for managing capital flows that is consistent with prudent macroeconomic and financial sector stability. While capital inflows can provide emerging market economies with invaluable benefits in pursuing economic development and growth, they can also pose serious policy challenges for macroeconomic management and financial sector supervision. The expert contributors cover a wide range of issues related to managing capital flows and analyze the experience of emerging Asian economies in dealing with surges in capital inflows. They also discuss possible policy measures to manage capital flows while remaining consistent with the goals of macroeconomic and financial sector stability. Building on this analysis, the book presents options for workable national policies and regional policy cooperation, particularly in exchange rate management. Containing chapters that bring in international experiences relevant to Asia and other emerging market economies, this insightful book will appeal to policymakers in governments and financial institutions, as well as public and private finance experts. It will also be of great interest to advanced students and academic researchers in finance.
Author : Pierre-Richard Agénor
Publisher :
Page : 120 pages
File Size : 44,38 MB
Release : 2013
Category : Inflation targeting
ISBN : 9781597821711
Author : Masahiro Kawai
Publisher : Brookings Institution Press
Page : 338 pages
File Size : 12,17 MB
Release : 2011
Category : Business & Economics
ISBN : 0815722109
"Examines Asia's emerging markets, which survived the financial debacle of 2008-09 with only modest declines in growth; discusses activities that could dampen continuing development in these markets including inflation, surging capital inflows, asset and credit bubbles, and rapid currency appreciation; and offers strategies to promote financial stability"--Provided by publisher.
Author :
Publisher :
Page : 200 pages
File Size : 42,33 MB
Release : 1987
Category : Foreign exchange
ISBN :
