Economic Management in a Volatile Environment [electronic resource] : Monetary and Financial Issues /
Rajan, Ramkishen S.author.
Gopalan, Sasidaran.author.
This book discusses some of the challenges relating to macroeconomic and financial management in a volatile and uncertain world brought about by greater financial openness. It explores the implications of a key set of issues emanating from financial globalisation on emerging market economies in a rigorous but readable manner.
Description based upon print version of record.
Cover; Half-Title; Title; Copyright; Dedication; Contents; List of Figures; List of Tables; Acknowledgements; About the Authors; Preface and Introduction; I Exchange Rates, Reserves, and Controls; 1 What Is the Extent of Monetary Sterilisation in China? (with A. Ouyang and T.D. Willett); 2 What Determines Real Exchange Rate Fluctuations? (with A. Ouyang); 3 What Is the Impact of Capital Controls? (with J. Li); 4 Can International Currency Taxation Stabilise Currency Fluctuations? (with G. Bird); 5 Why Do Countries Accumulate International Reserves? (with V. Yanamandra)
II Financial Crises, Financial Liberalisation, and Foreign Bank Entry6 Comparing Financial Crises: What Lessons for Asia from the Eurozone Crisis?; 7 Financial Liberalisation and Foreign Bank Entry: What Is the Nexus?; 8 Do Foreign Banks Enhance Banking System Efficiency?; 9 How Do Foreign Banks Affect Firms' Access to Credit?; 10 Why Do Banks Go Abroad?; Notes; Bibliography; Index
Includes bibliographical references and index.
This book discusses some of the challenges relating to macroeconomic and financial management in a volatile and uncertain world brought about by greater financial openness. It explores the implications of a key set of issues emanating from financial globalisation on emerging market economies in a rigorous but readable manner.
Macroeconomics.
Capital market.
International economics.
Finance, Public.
Macroeconomics/Monetary Economics//Financial Economics.
Capital Markets.
International Economics.
Public Finance.