Başlık:
Changes in exchange rates in rapidly developing countries : theory, practice, and policy issues
Yazar:
Itō, Takatoshi, 1950-, edited by.
ISBN:
9780226386737
Fiziksel Tanımlama:
xi, 450 pages ; 24 cm.
Seri:
NBER-East Asia Seminar on Economics ; v. 7
Genel Not:
Edited versions of papers presented at the NBER-East Asia Seminar on Economics' 7th annual conference, held June 19-22, 1996, Hong Kong.
İçerik:
Choice of exchange rate regime in developing and middle income countries / Sebastian Edwards -- Contagious currency crises / Barry Eichengreen and Andrew K. Rose -- Current account deficits and capital flows in East Asia and Latin America / Gian Maria Milesi-Ferretti and Assaf Razin -- Economic growth and real exchange rate / Takatoshi Ito, Peter Isard, and Steven Symansky -- Resource endowments and the real exchange rate / Jeffrey D. Sachs -- Private consumption, nontraded goods, and real exchange rate / Kenneth S. Lin -- Yen and its East Asian neighbors, 1980-1995 / Shinji Takagi -- Exchange rate pass-through and industry characteristics / Kuo-Liang Wang and Chung-Shu Wu -- Evaluation of Korea's exchange rate policy / Sang-Woo Nam and Se-Jong Kim -- Issues in Korean exchange rate policy / Stanley W. Black -- Liberalization of capital flows in Korea / Dongchul Cho and Youngsun Koh -- Foreign exchange allocation policy in postwar Japan / Tetsuji Okazaki and Takafumi Korenaga -- Syndrome of the ever-higher Yen, 1971-1995 / Ronald I. McKinnon, Kenichi Ohno, and Kazuko Shirono -- Testing for the fundamental determinants of the long-run real exchange rate / Hsiu-Ling Wu -- Hong Kong's currency board and changing monetary regimes / Yum K. Kwan and Francis T. Lui.
Özet:
he exchange rate is a crucial variable linking a nation's domestic economy to the international market. Thus choice of an exchange rate regime is a central component in the economic policy of developing countries and a key factor affecting economic growth. Historically, most developing nations have employed strict exchange rate controls and heavy protection of domestic industry-policies now thought to be at odds with sustainable and desirable rates of economic growth. By contrast, many East Asian nations maintained exchange rate regimes designed to achieve an attractive climate for exports and an "outer-oriented" development strategy. The result has been rapid and consistent economic growth over the past few decades. Changes in Exchange Rates in Rapidly Developing Countries explores the impact of such diverse exchange control regimes in both historical and regional contexts, focusing particular attention on East Asia. This comprehensive, carefully researched volume will surely become a standard reference for scholars and policymakers.
Konu Başlığı:
Copies:
Mevcut:*
Library | Materyal Türü | Demirbaş | Yer Numarası | Durumu / Lokasyon / İade Tarihi |
|---|---|---|---|---|
Arıyor... | Kitap | EKOBKN0005460 | 338.456091724 CHA 1999 | Arıyor... |