Exchange Rate Regimes and Macroeconomic Management in Asia
Автор:Tony Cavoll, Ramkishen S. Rajan Год: 2009 Издание: [не указанo] Страниц: 220 ISBN: 9622090532 With the rise of China, India and the re-emergence of East Asia from the financial crisis of 1997-98, monetary issues in Asia have acquired great significance as the region holds the largest reserves in the world and consequently plays a major role in the global macroeconomy. In addition, there are also a great variety of monetary policy regimes at play in the region - reflecting each country's needs and policy preferences. This volume explores monetary, exchange rate and macroeconomic policies in Asia. A particular question that is analysed is Asia's experience since the crisis with the use of monetary policy to manage the resurgence in capital inflows. It also examines the theoretical and policy issues associated with international capital flows, the increasing degree of integration of financial markets and exchange rates for emerging Asian economies. The book is unique in focussing on China, India and Southeast Asia, rather than just having a sub-regional or country-specific focus....
