Coping with capital flow in East Asia:
Gespeichert in:
| Weitere Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | Undetermined |
| Veröffentlicht: |
Singapore
Inst. of Southeast Asian Studies <<[u.a.]>>
1998
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | 319 S. graph. Darst. |
| ISBN: | 9812300155 9812300163 |
Internformat
MARC
| LEADER | 00000nam a22000001c 4500 | ||
|---|---|---|---|
| 001 | BV026198692 | ||
| 003 | DE-604 | ||
| 005 | 20110228 | ||
| 007 | t | ||
| 008 | 110326s1998 d||| |||| 00||| und d | ||
| 020 | |a 9812300155 |9 981-230-015-5 | ||
| 020 | |a 9812300163 |9 981-230-016-3 | ||
| 035 | |a (OCoLC)917591982 | ||
| 035 | |a (DE-599)BVBBV026198692 | ||
| 040 | |a DE-604 |b ger |e rakwb | ||
| 041 | |a und | ||
| 049 | |a DE-188 | ||
| 245 | 1 | 0 | |a Coping with capital flow in East Asia |c Nomura Research Institute ... Ed. by C. H. Kwan ... |
| 264 | 1 | |a Singapore |b Inst. of Southeast Asian Studies <<[u.a.]>> |c 1998 | |
| 300 | |a 319 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 0 | 7 | |a Kapitalbewegung |0 (DE-588)4132737-8 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Finanzpolitik |0 (DE-588)4127795-8 |2 gnd |9 rswk-swf |
| 651 | 7 | |a Ostasien |0 (DE-588)4075727-4 |2 gnd |9 rswk-swf | |
| 655 | 7 | |0 (DE-588)4143413-4 |a Aufsatzsammlung |2 gnd-content | |
| 689 | 0 | 0 | |a Ostasien |0 (DE-588)4075727-4 |D g |
| 689 | 0 | 1 | |a Finanzpolitik |0 (DE-588)4127795-8 |D s |
| 689 | 0 | 2 | |a Kapitalbewegung |0 (DE-588)4132737-8 |D s |
| 689 | 0 | |5 DE-188 | |
| 700 | 1 | |a Kwan, C. H. |4 edt | |
| 710 | 2 | |a Nomura-Sōgō-Kenkyūsho (Tokio) |e Sonstige |0 (DE-588)503514-4 |4 oth | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021781587&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-021781587 | ||
Datensatz im Suchindex
| _version_ | 1804144660378025984 |
|---|---|
| adam_text | Contents
List of Tables vii
List of Figures viii
Acknowledgements xi
List of Contributors xii
Foreword Shozo Hashimoto xiii
1 Coping with Capital Flows in the Asian Countries
C.H. Kwan 1
2 Asia s Currency Crisis and Its Implications for the
Japanese Economy
C.H. Kwan 25
3 Banking on Contagion: The Southeast Asian
Currency Crisis
Manuel F. Montes 54
4 Coping with Capital Flows and Monetary Policy
Framework: The Case of Korea
Dongchul Cho 79
5 Monetary Policy and Capital Flows in Taiwan during the
1980s and 1990s
Ya-Hwei Yang 111
6 The Role of Monetary Policy under a Linked Exchange
Rate Regime: The Case of Hong Kong
Raymond Ng and Edward Chen 136
7 Capital Flows and Macroeconomic Stabilization in
Singapore
Amina Tyabji 171
8 Adverse Consequences of Capital Inflows and Thailand s
Optimal Policy Mix
Bhanupong Nidhiprabha 192
9 Coping with Capital Flows and the Role of Monetary Policy:
The Malaysian Experience, 1990-95
Ong Hong Cheong 220
10 Coping with Capital Flows and the Monetary Policy
Framework: The Case of Indonesia
Mochammad Rosul 244
11 Capital Inflows and the Philippine Economy:
Issues and Policy Options
Emilio T. Antonio Jr., Emilio S. Neri, Jr.,
Teresa V. Taningco 272
12 Management of Capital Inflows in China s
Opening Economy
Zhao Jinping 293
The Editors 320
List of Tables
1.1 Net Private Long-term Capital Flows to Developing
Countries by Country Group, 1990-96 4
2.1 Estimated Growth of Asian Countries in the Absence
of Capital Inflows, 1991-96 42
2.2 Japan s Direct Investment in Other Asian Countries,
Amount and Share, 1989-97 43
2.3 Positions of BIS Reporting Banks on Asian Countries 46
3.1 Costs of Some Systemic Banking Crises with Heavy
Capital Flows 55
3.2 Key Macroeconomic Data of Southeast Asian Economies 71
4.1 Korea s Capital Account Liberalization Plan 85
4.2 Regression of Capital Flows on Uncovered Interest
Rate Differential 87
U4.1 Macroeconomic Performance of the Korean Economy,
1994-97 98
5.1 Excess Savings, Trade Surplus, and Exchange Rate,
1966-95 113
5.2 Capital Flows, 1984-95 114
5.3 Stock Price Index, Annual Growth Rate of Prices,
and Money Supply 119
U5.1 Taiwan Stock Market Index, Dec. 1996 to Nov. 1997 133
6.1 Comparison of Macro-aggregates under Floating and
Linked Exchange Rate Regimes 151
7.1 Change in the Consumer Price Index, 1970-95 172
7.2 Determinants of the Money Supply 176
7.3 Key Indicators of the Balance of Payments, 1965-95 178
7.4 Nominal and Real Effective Exchange Rates, 1981-95 179
7.5 Public Sector Budget Balance, 1990-95 183
7.6 Government Revenue and Expenditure, 1990-95 184
U7.1 Selected Macroeconomic Indicators for Singapore,
1996-97 189
8.1 Composition of Total Net Private Capital Flows, 1987-96 194
8.2 Interest Rate Differentials 196
8.3 Granger Causality Test on Capital Flows and
Macroeconomic Variables 201
9.1 Cumulative and Average Annual Capital Inflows,
1990-95 221
9.2 Annual Capital Inflows by Major Category, 1989-95 222
9.3 Factors Influencing Foreign Fund Investments 224
9.4 Capital Flows and Selected Macroeconomic Indicators,
1990-95 225
U9.1 1997 Financial Meltdown in Malaysia 238
10.1 Indonesia s Capital Account, 1987-96 246
10.2 Approvals of Foreign Direct Investment by Country of
Origin, 1992-96 248
10.3 Capital Inflows and Macroeconomic Indicators, 1989-96 251
10.4 Selected Interest Rates, 1986-97 253
U10.1 Rupiah Depreciation and Indonesia s Response to the
Currency Crisis 265
12.1 Foreign Capital Actually Utilized, 1979-96 294
12.2 Amount and Composition of Foreign Capital Inflows 296
12.3 Exports by Foreign Funded Enterprises, 1988-96 297
12.4 Balance of Payments, Selected Years 298
12.5 Contracted Foreign Direct Investment by Sector,
1993 and 1996 301
12.6 Domestic Securities Market, 1995 301
12.7 Exchange Rate and Foreign Exchange Reserves, 1985-96 304
12.8 Composition of China s External Debt by Type and
Term, 1985-96 307
12.9 Foreign Debt Indicators, 1985-96 307
List of Figures
1.1 Composition of Private Capital Flows in East Asia and
Latin America 5
1.2 Policy Options to Cope with Capital Inflow 9
1.3 Correlation between Inflation and Exchange Rates 11
1.4 Synchronization between Hong Kong and U.S. Interest
Rates 12
1.5 Balance of Payments and the Increase in Foreign Exchange
Reserves in Asia s Major Debtor Countries 13
1.6 Inflation and the Singapore Dollar Rate 16
1.7 Current Account Balance and the Korean Won 16
1.A1 Capital Inflow and the Dutch Disease 19
1.A2 The Mundell-Fleming Model 21
1.A3 Effectiveness of Monetary Policy According to the
Portfolio Balance Model 23
2.1 The Diverging Baht 27
2.2 The Yen-Dollar Rate and Asian Economic Growth 29
2.3 Trade Structure Correlation between China and Other
Asian Countries 30
2.4 Bangkok International Banking Facility (BIBF) Loans
Outstanding 31
2.5 Asian Currencies Follow the Baht Down 33
2.6 Mexico s Path to Recovery 39
2.7 Asia as a Built-in Stabilizer for Japanese Exports 45
2.8 Trade Structure Correlation between Japan and Other
Asian Countries, 1993 49
3.1 Thai Current Account Deficit and Excess Savings in the
Public and Private Sectors 60
4.1 Real Effective Exchange Rate (REER) and Ratio of
Current Account Balance to GDP, 1982-% 81
4.2 External Balances as a Percentage of GDP, 1980-95 83
4.3 Annual Growth Rate of Monetary Aggregates, Monetary
Stabilization Bonds, and CPI, 1980-95 84
4.4 Real Interest Rate Trend, 1972-95 89
4.5 Simulations of Big Bang and Gradual Scenarios for
Capital Liberalization, 1995-2005 92
U4.1 Korea s Terms of Trade, 1974-97 99
U4.2 Spreads on Bonds Issued by KDB, China, and
Thailand, 1997 100
U4.3 Main Indicators of the Korean Financial Market in 1997 101
U4.4 Korea s Official Foreign Reserves, 1996-97 104
U4.5 On-shore and Off-shore Won Exchange Rates 106
5.1 Net Hows of Short-term Capital, 1974-95 115
5.2 Capital Flows, Stock Price Index, and Growth Rate of the
Money Supply 116
5.3 Summary of Monetary Policy Changes, 1979-95 117
5.4 Spread between Loan and Deposit Rates, 1970-95 122
5.5 Spread between Money Market and Bank Loan Rates,
1982-95 122
5.6 Spread between Domestic and Foreign Interest Rates,
1971-95 124
U5.1 Spot Exchange Rate for the NT Dollar, 1 July to
30 October 1997 134
6.1 Comparison of the Monetary Framework of Hong Kong
before and after Establishment of the Hong Kong
Monetary Authority 141
8.1 Bank and Nonbank Net Private Capital Flows, 1988-96 193
8.2 Nonbank Private Capital Flows by Type 194
8.3 Foreign Borrowing by Banks and Relative Prices 197
8.4 Bank Deposit and Loan Growth 197
8.5 Growth, Inflation, and the Current Account Deficit 198
8.6 Real Exchange Rate 200
8.7 Trend in Government Revenues and Expenditures as a
Share of GDP 203
8.8 Nominal Exchange Rate 205
8.9 Growth of Thailand s Exports and the World Economy 205
8.10 Interbank Rate and 1-Month Forward Premium 206
8.11 Change in Manufacturing Production, Private Investment,
and Bank Credit 210
8.12 Monetary Base and its Components 211
10.1 Spread between Ceiling and Floor of Rupiah Intervention
Band 258
10.2 Selected Interest Rates, 1986-97 260
11.1 Trend in Components of Capital Flows, 1976-96 274
11.2 Trend in Components of Net Foreign Investment, 1976-96 274
11.3 Capitalization of East Asian Stock Markets 275
11.4 Policy Tools and the Income-Spending Gap 278
11.5 Interdependence of Fiscal, Monetary, and Exchange
Rate Policies 280
11.6 Sterilized Intervention, 1990-96 284
|
| any_adam_object | 1 |
| author2 | Kwan, C. H. |
| author2_role | edt |
| author2_variant | c h k ch chk |
| author_facet | Kwan, C. H. |
| building | Verbundindex |
| bvnumber | BV026198692 |
| ctrlnum | (OCoLC)917591982 (DE-599)BVBBV026198692 |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01554nam a22003851c 4500</leader><controlfield tag="001">BV026198692</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20110228 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">110326s1998 d||| |||| 00||| und d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9812300155</subfield><subfield code="9">981-230-015-5</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9812300163</subfield><subfield code="9">981-230-016-3</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)917591982</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV026198692</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakwb</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">und</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-188</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Coping with capital flow in East Asia</subfield><subfield code="c">Nomura Research Institute ... Ed. by C. H. Kwan ...</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Singapore</subfield><subfield code="b">Inst. of Southeast Asian Studies <<[u.a.]>></subfield><subfield code="c">1998</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">319 S.</subfield><subfield code="b">graph. Darst.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Kapitalbewegung</subfield><subfield code="0">(DE-588)4132737-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Finanzpolitik</subfield><subfield code="0">(DE-588)4127795-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Ostasien</subfield><subfield code="0">(DE-588)4075727-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="655" ind1=" " ind2="7"><subfield code="0">(DE-588)4143413-4</subfield><subfield code="a">Aufsatzsammlung</subfield><subfield code="2">gnd-content</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Ostasien</subfield><subfield code="0">(DE-588)4075727-4</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Finanzpolitik</subfield><subfield code="0">(DE-588)4127795-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Kapitalbewegung</subfield><subfield code="0">(DE-588)4132737-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-188</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Kwan, C. H.</subfield><subfield code="4">edt</subfield></datafield><datafield tag="710" ind1="2" ind2=" "><subfield code="a">Nomura-Sōgō-Kenkyūsho (Tokio)</subfield><subfield code="e">Sonstige</subfield><subfield code="0">(DE-588)503514-4</subfield><subfield code="4">oth</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">HBZ Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021781587&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-021781587</subfield></datafield></record></collection> |
| genre | (DE-588)4143413-4 Aufsatzsammlung gnd-content |
| genre_facet | Aufsatzsammlung |
| geographic | Ostasien (DE-588)4075727-4 gnd |
| geographic_facet | Ostasien |
| id | DE-604.BV026198692 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T23:07:05Z |
| institution | BVB |
| institution_GND | (DE-588)503514-4 |
| isbn | 9812300155 9812300163 |
| language | Undetermined |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-021781587 |
| oclc_num | 917591982 |
| open_access_boolean | |
| owner | DE-188 |
| owner_facet | DE-188 |
| physical | 319 S. graph. Darst. |
| publishDate | 1998 |
| publishDateSearch | 1998 |
| publishDateSort | 1998 |
| publisher | Inst. of Southeast Asian Studies <<[u.a.]>> |
| record_format | marc |
| spelling | Coping with capital flow in East Asia Nomura Research Institute ... Ed. by C. H. Kwan ... Singapore Inst. of Southeast Asian Studies <<[u.a.]>> 1998 319 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Kapitalbewegung (DE-588)4132737-8 gnd rswk-swf Finanzpolitik (DE-588)4127795-8 gnd rswk-swf Ostasien (DE-588)4075727-4 gnd rswk-swf (DE-588)4143413-4 Aufsatzsammlung gnd-content Ostasien (DE-588)4075727-4 g Finanzpolitik (DE-588)4127795-8 s Kapitalbewegung (DE-588)4132737-8 s DE-188 Kwan, C. H. edt Nomura-Sōgō-Kenkyūsho (Tokio) Sonstige (DE-588)503514-4 oth HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021781587&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Coping with capital flow in East Asia Kapitalbewegung (DE-588)4132737-8 gnd Finanzpolitik (DE-588)4127795-8 gnd |
| subject_GND | (DE-588)4132737-8 (DE-588)4127795-8 (DE-588)4075727-4 (DE-588)4143413-4 |
| title | Coping with capital flow in East Asia |
| title_auth | Coping with capital flow in East Asia |
| title_exact_search | Coping with capital flow in East Asia |
| title_full | Coping with capital flow in East Asia Nomura Research Institute ... Ed. by C. H. Kwan ... |
| title_fullStr | Coping with capital flow in East Asia Nomura Research Institute ... Ed. by C. H. Kwan ... |
| title_full_unstemmed | Coping with capital flow in East Asia Nomura Research Institute ... Ed. by C. H. Kwan ... |
| title_short | Coping with capital flow in East Asia |
| title_sort | coping with capital flow in east asia |
| topic | Kapitalbewegung (DE-588)4132737-8 gnd Finanzpolitik (DE-588)4127795-8 gnd |
| topic_facet | Kapitalbewegung Finanzpolitik Ostasien Aufsatzsammlung |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021781587&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT kwanch copingwithcapitalflowineastasia AT nomurasogokenkyushotokio copingwithcapitalflowineastasia |