Macroeconomic linkage :: savings, exchange rates, and capital flows /

This volume explores the macroeconomic experience of East Asia in the 1980s and the impact of the region's growth on the rest of the world. The authors examine variables such as current account surpluses and deficits, as well as the ways in which exchange rate fluctuations in today's globa...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Körperschaft: NBER-East Asia Seminar on Economics Sapporo-shi, Japan
Weitere Verfasser: Itō, Takatoshi, 1950-, Krueger, Anne O.
Format: Elektronisch Tagungsbericht E-Book
Sprache:English
Veröffentlicht: Chicago : University of Chicago Press, 1994.
Schriftenreihe:NBER-East Asia Seminar on Economics (Series) ; v. 3.
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:This volume explores the macroeconomic experience of East Asia in the 1980s and the impact of the region's growth on the rest of the world. The authors examine variables such as current account surpluses and deficits, as well as the ways in which exchange rate fluctuations in today's global economy affect the economies of countries not only in the same region but across the globe.
These fourteen papers are organized around four themes: the overall determinants of growth and trading relations in the region; monetary policies in relation to capital controls and capital accounts; the impact of exchange rates on industrial structure; and the potential for greater regional integration.
The contributors cover topics such as interactions among exchange rate movements, trade balances, and capital flows in Japan, Korea, and Taiwan, and the impact of exchange rates on industrial structure, inventories, and prices of both domestic and exported goods.
One set of papers, examining the role of government monetary policy, reveals that when oil prices declined in Taiwan and the government loosened its monetary policy, growth increased without inflation. Another set of papers, focusing on the extent of regional integration in East Asia, finds that most of these nations' currencies are more closely tied to the dollar than to the yen.
Macroeconomic Linkage offers a careful study of economic developments in East Asia that will be especially valuable to economists interested in international trade and exchange rates and to regional experts who focus on East Asia.
Beschreibung:"Contains the papers presented at the third annual East Asia Seminar, held in Sapporo from June 17 to June 19, 1992"--Introduction
Beschreibung:1 online resource (xii, 401 pages) : illustrations
Bibliographie:Includes bibliographical references and indexes.
ISBN:9780226386997
0226386996

Es ist kein Print-Exemplar vorhanden.

Volltext öffnen