Saving, Investment and International Capital Mobility in East Asia PDF Download

Author: Soyoung Kim
Publisher: 대외경제정책연구원
ISBN:
Category : Capital movements
Languages : en
Pages : 66

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Book Description

Author: Sŏng-hyŏn Kim
Publisher:
ISBN: 9788932210889
Category : Capital movements
Languages : en
Pages :

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Book Description

Author: Juthathip Jongwanich
Publisher: Flipside Digital Content Company Inc.
ISBN: 981478608X
Category : Business & Economics
Languages : en
Pages : 168

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Book Description
Ever since the East Asian financial crisis it has been recognized that emerging market economies are vulnerable to both excessive inflows of capital and sudden outflows. This book presents new research on the determinants and effects of capital flows as well as the effectiveness of capital control policies in dealing with volatile capital flows in emerging Asian countries. It examine three issues related to capital movements in Asia: (1) the key factors determining such mobility; (2) the impact of capital movements in a home country, especially on real exchange rates; and (3) the effectiveness of capital account policies.

Author: Klaus Schmidt-Hebbel
Publisher: World Bank Publications
ISBN:
Category : Ahorro
Languages : en
Pages : 54

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Book Description

Author: C. H. Kwan
Publisher: Institute of Southeast Asian Studies
ISBN: 9789812300164
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
This timely book examines how the countries of East Asia coped with the vast pool of international capital that flowed into the region during the early 1990s. East Asia appeared to be doing well. But, as this book was in preparation in 1997, a currency crisis sent capital fleeing and catapulted the East Asian economies into turmoil. Country-specific updates describe events since July 1997, how government authorities addressed the crisis, and what lessons can be learned.

Author: Feng Guo
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
This paper examines the evidence on saving-investment correlations and the covered interest parity conditions to gauge the degree of capital mobility in eight East Asia emerging markets. It is found that Hong Kong and Singapore have fairly mobile capital markets while other countries exhibit financial openness only to a certain extent. The results also indicate that financial integration has been broadly enhanced among these markets following their liberalizations.

Author: Maxwell J. Fry
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 40

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Book Description

Author: Ahmad Zubaidi Baharumshah
Publisher: Routledge
ISBN: 1351152114
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
The East Asia countries were among the fastest growing economies in the world and of increasing importance to the world economy. These countries have taken the lead in adopting outward-oriented development policies. This volume focuses on the major issues on open economy macroeconomics in the East Asia economies that will be instructive to both academics and policymakers. The emphasis is on the countries that were severely affected by the 1997/98 Asian financial crises. Several aspects of exchange rate, current account, budget deficits, monetary and financial issues are considered in this book. In addition, several chapters are devoted to discussion on the issues of economic integration in the region. The contagion and the currency crisis are also discussed thoroughly. Most of the chapters are empirical in nature and the empirical evidence provided is based on the recent development in time series econometrics methods.

Author: Maxwell J. Fry
Publisher:
ISBN:
Category : Investments, Foreign
Languages : en
Pages : 40

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Book Description

Author: Gian Maria Milesi-Ferretti
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 76

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Book Description
A number of developing countries have run large and persistent current account deficits in both the late seventies/early eighties and in the early nineties, raising the issue of whether these persistent imbalances are sustainable. This paper puts forward a notion of current account sustainability and compares the experience of three Latin American countries -- Chile, Colombia and Mexico -- and three East Asian countries--Korea, Malaysia and Thailand. It identifies a number of potential sustainability indicators and discusses their usefulness in predicting external crises.