Studies in East Asian Economies: Capital Flows, Exchange Rates And Monetary Policy
by Jagdish Handa
2021-02-02 10:05:35
Studies in East Asian Economies: Capital Flows, Exchange Rates And Monetary Policy
by Jagdish Handa
2021-02-02 10:05:35
This book includes three economic/econometric studies on four East Asian countries (Indonesia, Malaysia, Philippines and Thailand) and two studies on China. The four East Asian economies, designated at one time as ''economic tigers'', provide importa...
Read more
This book includes three economic/econometric studies on four East Asian countries (Indonesia, Malaysia, Philippines and Thailand) and two studies on China. The four East Asian economies, designated at one time as ''economic tigers'', provide important and interesting case studies on periods of very rapid growth with heavy capital inflows, followed by financial and economic crises. The three studies on these countries examine the impact of heavy capital inflows on growth, real exchange rates and the conduct of domestic monetary policy during the period 1970-96, which immediately preceded their financial crises of 1997-98. At a more general level, they shed light on the contributions that capital inflows make to small open economies and how these inflows have impact on their exchange rate and monetary policies.
Less
