Financial Liberalization and Its Impact on Monetary Policy: A Comparative Study on Asia and Latin America - Couverture souple

Stahn, Christina

Couverture souple

ISBN 10 : 3631360738 ISBN 13 : 9783631360736

Editeur : Peter Lang AG, 2000

Synopsis

The focus of this study is to identify similarities and differences of monetary policy in Korea, Indonesia, Malaysia, Chile, Argentina, and Mexico following diverging financial liberalization strategies. The evolution of monetary transmission channels, targets and instruments is examined in connection with the timing and sequencing of financial reforms. Money demand functions are analyzed with respect to stability, causality, and structural breaks. It is shown that the gradual (Asian) liberalization strategy affected monetary policy in a different way than the big-bang (Latin American) approach. Constraints on monetary management are imposed by complex monetary transmission channels changing in view of financial sector crises, alterations in exchange rate regimes, and the increasing globalization of financial markets.

A propos du livre

À propos de l'auteur

The Author: Christina Stahn was born in Bremen, Germany in 1969. She studied Economics and Business Administration at the University of Kiel, Germany. On concluding her studies, she worked at the Institute for Economic Policy at the University of Kiel, where her main research topics were Monetary Economics and Emerging Market Economies. Since 1997, she has been employed by the Landesbank Schleswig-Holstein Girozentrale, also in Kiel, working in their Press and Communication / Economics Division.

Détails de l'édition

• Éditeur: Peter Lang AG
• Date d'édition: 2000
• Langue: anglais
• ISBN 10: 3631360738
• ISBN 13: 9783631360736
• Reliure: Broché
• Numéro d'édition: 1
• Nombre de pages: 268
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible