Dynamic Capital Mobility in Pacific Basin Developing Countries: Estimation and Policy Implications
This paper estimates empirically the changing degree of capital mobility in several Pacific Basin countries that have pursued financial liberalization in recent years. Tracing the impact of the liberalization process on the capital account, the paper also examines the implications for monetary polic...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1991
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Schriftenreihe: | IMF Working Papers
Working Paper No. 91/115 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper estimates empirically the changing degree of capital mobility in several Pacific Basin countries that have pursued financial liberalization in recent years. Tracing the impact of the liberalization process on the capital account, the paper also examines the implications for monetary policy operating in this changing economic environment. Empirical estimates support an overall finding of increased capital mobility in the region over the past decade. However, country experiences, with the exception of Singapore, have been more episodic--oscillating between periods of high and low financial openness--rather than uniform in regards to changing capital mobility |
Beschreibung: | 1 Online-Ressource (50 p) |
ISBN: | 1451853831 9781451853834 |
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spelling | Faruqee, Hamid Verfasser aut Dynamic Capital Mobility in Pacific Basin Developing Countries Estimation and Policy Implications Faruqee, Hamid Washington, D.C International Monetary Fund 1991 1 Online-Ressource (50 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 91/115 This paper estimates empirically the changing degree of capital mobility in several Pacific Basin countries that have pursued financial liberalization in recent years. Tracing the impact of the liberalization process on the capital account, the paper also examines the implications for monetary policy operating in this changing economic environment. Empirical estimates support an overall finding of increased capital mobility in the region over the past decade. However, country experiences, with the exception of Singapore, have been more episodic--oscillating between periods of high and low financial openness--rather than uniform in regards to changing capital mobility Online-Ausg http://elibrary.imf.org/view/IMF001/01908-9781451853834/01908-9781451853834/01908-9781451853834.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Faruqee, Hamid Dynamic Capital Mobility in Pacific Basin Developing Countries Estimation and Policy Implications |
title | Dynamic Capital Mobility in Pacific Basin Developing Countries Estimation and Policy Implications |
title_auth | Dynamic Capital Mobility in Pacific Basin Developing Countries Estimation and Policy Implications |
title_exact_search | Dynamic Capital Mobility in Pacific Basin Developing Countries Estimation and Policy Implications |
title_exact_search_txtP | Dynamic Capital Mobility in Pacific Basin Developing Countries Estimation and Policy Implications |
title_full | Dynamic Capital Mobility in Pacific Basin Developing Countries Estimation and Policy Implications Faruqee, Hamid |
title_fullStr | Dynamic Capital Mobility in Pacific Basin Developing Countries Estimation and Policy Implications Faruqee, Hamid |
title_full_unstemmed | Dynamic Capital Mobility in Pacific Basin Developing Countries Estimation and Policy Implications Faruqee, Hamid |
title_short | Dynamic Capital Mobility in Pacific Basin Developing Countries |
title_sort | dynamic capital mobility in pacific basin developing countries estimation and policy implications |
title_sub | Estimation and Policy Implications |
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