Exchange Rate, Monetary And Financial Issues And Policies In Asia - Couverture rigide

Couverture rigide

ISBN 10 : 9812834575 ISBN 13 : 9789812834577

Editeur : World Scientific Publishing Co Pte Ltd, 2008

Synopsis

A decade has passed since the Asian crisis of 1997-1998 which decimated many of the regional economies. While the crisis itself led to severe economic and political consequences, its primary cause was an inappropriate mix of policies, as regional economies attempted to simultaneously maintain fairly rigid exchange rates (soft US dollar pegs) and monetary policy autonomy in the presence of large-scale capital outflows. The chapters in this volume focus on selected exchange rate, monetary and financial issues and policies that are of contemporary relevance and importance to Asia, including choice of exchange rate regimes, causes and consequences of reserve accumulation, international capital flows, macroeconomic synchronization, and regional monetary and financial cooperation.

A propos du livre

Présentation de l'éditeur

“Meticulously written by researchers whose previous studies have offered well thought out guides for policy formulation, this book is yet another foray on major policy challenges that confront Asia today and in the next few years that policymakers, academics and practitioners must understand well.” Mario Lamberte Director of Research Asian Development Bank Institute “The Asian Financial Crisis in 1997 had dealt a severe blow to many Asian economies. The industrialization drive for growth in some countries has been halted or reversed, and the financial sector was topsy turvy. Ten years after the Crisis, a review of the situation is certainly timely and welcomed. This is done in a very readable volume that presents analytical, comparative and empirical works relating to exchange rate regimes, monetary policy and regional policy coordination among Asian economies in the aftermath of the Crisis.” Toh Mun Heng Associate Professor Nus Business School A decade has passed since the Asian crisis of 1997–1998 which decimated many of the regional economies. While the crisis itself led to severe economic and political consequences, its primary cause was an inappropriate mix of policies, as regional economies attempted to simultaneously maintain fairly rigid exchange rates (soft Us dollar pegs) and monetary policy autonomy in the presence of large-scale capital outflows. The chapters in this volume focus on selected exchange rate, monetary and financial issues and policies that are of contemporary relevance and importance to Asia, including choice of exchange rate regimes, causes and consequences of reserve accumulation, international capital flows, macroeconomic synchronization, and regional monetary and financial cooperation.

Détails de l'édition

• Éditeur: World Scientific Publishing Co Pte Ltd
• Date d'édition: 2008
• Langue: anglais
• ISBN 10: 9812834575
• ISBN 13: 9789812834577
• Reliure: Relié
• Nombre de pages: 324
• Éditeur: Rajan Ramkishen S, Thangavelu Shandre M, Parinduri Rasyad A
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible