Author: Menzie ChinnPublisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 48
Book Description
Who Drives Real Interest Rates Around the Pacific Rim
Author: Menzie ChinnPublisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 48
Book Description
Japanese Monetary Policy
Author: Kenneth J. SingletonPublisher: University of Chicago Press
ISBN: 0226760685
Category : Business & Economics
Languages : en
Pages : 208
Book Description
How has the Bank of Japan (BOJ) helped shape Japan's economic growth during the past two decades? This book comprehensively explores the relations between financial market liberalization and BOJ policies and examines the ways in which these policies promoted economic growth in the 1980s. The authors argue that the structure of Japan's financial markets, particularly restrictions on money-market transactions and the key role of commercial banks in financing corporate investments, allowed the BOJ to influence Japan's economic success. The first two chapters provide the most in-depth English-language discussion of the BOJ's operating procedures and policymaker's views about how BOJ actions affect the Japanese business cycle. Chapter three explores the impact of the BOJ's distinctive window guidance policy on corporate investment, while chapter four looks at how monetary policy affects the term structure of interest rates in Japan. The final two chapters examine the overall effect of monetary policy on real aggregate economic activity. This volume will prove invaluable not only to economists interested in the technical operating procedures of the BOJ, but also to those interested in the Japanese economy and in the operation and outcome of monetary reform in general.
The Relative Influence of US and Japan on Real Interest Rates Around the Pacific Rim
Author: Menzie ChinnPublisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 34
Book Description
Research Abstracts
Author: Financial Integration in East Asia
Author: Gordon de BrouwerPublisher: Cambridge University Press
ISBN: 9780521651486
Category : Business & Economics
Languages : en
Pages : 304
Book Description
This book examines the theory and practice of financial integration, with an emphasis on the recent upheavals in Asian financial markets.
Working Paper
Author: Regionalism and Rivalry
Author: Jeffrey A. FrankelPublisher: University of Chicago Press
ISBN: 0226260240
Category : Business & Economics
Languages : en
Pages : 486
Book Description
As Japan's newfound economic power leads to increased political power, there is concern that Japan may be turning East Asia into a regional economic bloc to rival the U.S. and Europe. In Regionalism and Rivalry, leading economists and political scientists address this concern by looking at three central questions: Is Japan forming a trading bloc in Pacific Asia? Does Japan use foreign direct investment in Southeast Asia to achieve national goals? Does Japan possess the leadership qualities necessary for a nation assuming greater political responsibility in international affairs? The authors contend that although intraregional trade in East Asia is growing rapidly, a trade bloc is not necessarily forming. They show that the trade increase can be explained entirely by factors independent of discriminatory trading arrangements, such as the rapid growth of East Asian economies. Other chapters look in detail at cases of Japanese direct investment in Southeast Asia and find little evidence of attempts by Japan to use the power of its multinational corporations for political purposes. A third group of papers attempt to gauge Japan's leadership characteristics. They focus on Japan's "technology ideology," its contributions to international public goods, international monetary cooperation, and economic liberalization in East Asia.
Working Paper Series
Author: Publisher:
ISBN:
Category : Comparative economics
Languages : en
Pages : 636
Book Description
Coping with Capital Flows in East Asia
Author: C. H. KwanPublisher: Institute of Southeast Asian Studies
ISBN: 9789812300164
Category : Business & Economics
Languages : en
Pages : 344
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.
Pacific Rim Log Trade
Author: Donald F. FloraPublisher:
ISBN:
Category : Lumber trade
Languages : en
Pages : 80
Book Description