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Managing Capital Flows and Exchange Rates

Managing Capital Flows and Exchange Rates : Perspectives from the Pacific Basin. 資本移動と為替相場を管理する -環太平洋圏からの視点-

・ISBN 978-0-521-62323-0 1998 hard GB£ 85.00

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・ISBN 978-0-521-16934-9 2011 paper GB£ 54.00

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著者・編者Glick, Reuven (ed.),
出版社(Cambridge U. Pr., UK)
ページ数515 pp.
言語ENG
ニュース番号<442-258 447-228>

解説

The essays in this volume examine the theoretical and policy issues associated with international capital flows and exchange rates for emerging markets in the Pacific Basin region. Emerging market countries in both Asia and Latin America offer a wide variety of examples for the comparative study of the implications of international capital flow surges and appropriate policy responses. The essays address four broad issues. First, they investigate the determinants of international capital flows, particularly the relative role of domestic and external factors in driving capital flows. Second, they inquire how predictable and contagious capital flow reversals and exchange rate crises are. Third, they explore what the domestic economic effects of capital inflows on emerging economies have been, and finally seek to suggest what are the appropriate responses by policymakers to capital inflow surges.