Regional and global capital flows: macroeconomic causes and consequences
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Körperschaft: NBER-East Asia Seminar on Economics < 1999, Kailua Kona, Hawaii> (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Chicago University of Chicago Press 2001
Schriftenreihe:NBER-East Asia Seminar on Economics (Series) v. 10
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Beschreibung:"This volume contains edited versions of papers presented at the NBER's East Asia Seminar on Economics tenth annual conference, held in Kona, Hawaii, on 10-12 june 1999"--Page ix
Includes bibliographical references and indexes
Acknowledgments; Introduction; 1. Fundamental Determinants of the Asian Crisis: The Role of Financial Fragility and External Imbalances; 2. Lending Booms and Currency Crises: Empirical Link; 3. Bank Lending and Contagion: Evidence from the Asian Crisis; 4. The Impacts of Bank Loans on Economic Development: An Implication for East Asia from an Equilibrium Contract Theory; 5. How Were Capital Inflows Stimulated under the Dollar Peg System?; 6. Sterilization and the Capital Inflow Problem in East Asia, 1987-97
The volume of capital flows between industrial and developing countries has grown dramatically in the past decade and has become a major issue in a world that is increasingly "globalized." Here Takatoshi Ito and Anne O. Krueger, two leading experts on this topic, have assembled a group of scholars who address different types of capital flows--bank lending, bonds, direct foreign investment--and the implications they hold for economic performance. With its particular focus on the Asian financial crises, this work presents a new model for policy makers everywhere in thinking about the rol
Beschreibung:1 Online-Ressource (ix, 394 pages)
ISBN:9780226387017
0226387011
9780226386768

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