Macroprudential regulation of international finance : managing capital flows and exchange rates
tarafından
Kang, Tong-su, editor.
Başlık
:
Macroprudential regulation of international finance : managing capital flows and exchange rates
Yazar
:
Kang, Tong-su, editor.
ISBN
:
9781785369568
Fiziksel Tanımlama
:
xii, 316 pages : illustrations ; 24 cm.
Seri
:
KDI/EWC series on economic policy.
Genel Not
:
"A joint publication of the Korea Development Institute, The East-West Center, and Edward Elgar Publishing Ltd."
İçerik
:
Machine generated contents note: 1. Introduction and overview / Andrew Mason -- 2. Macroprudential policies: indicators and tools / Hyun Song Shin -- 3. Business and financial cycles in emerging markets: lessons for macroprudential policies / Swati R. Ghosh -- 4. Capital controls: a pragmatic proposal / Changyong Rhee -- 5. Irrational expectations, financial amplification and prudential capital controls / Jinsoo Lee -- 6. Optimal international reserves with sudden stop risks / Kyu-Chul Jung -- 7. International reserves for emerging economies / Jong-Eun Lee -- 8. Foreign currency liquidity risk and prudential regulation of banks / Joon-Ho Hahm -- 9. Investment patterns of foreign bank branches in Korea and their role in the foreign exchange market / Daehee Jeong -- 10. The role of reserves in a small open economy: the case of New Zealand / Michael Reddell -- 11. Facing volatile capital flows: the role of exchange rate flexibility and foreign assets / Alejandro Jara -- 12. Risk hedging in Korea's financial markets: the impact of foreign investors / Changwoo Nam.
Özet
:
Recent events, such as capital flow reversals and banking sector crises, have shaken faith in the widely held belief in the benefits of greater financial integration and financial deepening, which are typical in advanced economies. This book shows that emerging economies have often weathered the storm best despite the supposed burden of ‘weak institutions’. It demonstrates that a better policy framework requires reliable indicators of vulnerability to financial instability, as well as improved policy tools and automatic stabilizers that anticipate and limit the vulnerabilities to financial crises.--
Konu Başlığı
:
International finance -- Government policy.
Uluslararası finans -- Devlet politikası.
Capital movements.
Sermaye hareketleri.
Monetary policy.
Para politikası.
Financial risk management.
Finansal risk yönetmi.
Yazar Ek Girişi
:
Kang, Tong-su,
Mason, Andrew, 1947-
Library | Materyal Türü | Demirbaş | Yer Numarası | Durumu / Lokasyon / İade Tarihi |
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Ekonomi Kütüphanesi | Kitap | EKOBKN0008516 | 332.042 MAC 2016 | Merkez Kütüphane Genel Koleksiyon |