Financial deregulation and integration in East Asia
By: edited by Takatoshi Ito and Anne O. Krueger.
Contributors: Itō, Takatoshi, 1950-; Krueger, Anne O.; NBER-East Asia Seminar on Economics (5th : 1994 : Singapore)
Series: NBER-East Asia seminar on economics ;; v. 5; NBER-East Asia seminar on economics (Series) ;; v. 5.
Publisher: University of Chicago Press
Published: 1996
Place of publication: Chicago
Language: eng
Number of pages: 401
Subjects: Financial institutions -- Deregulation -- East Asia -- Congresses; Capital market -- Deregulation -- East Asia -- Congresses; Fiscal policy -- East Asia -- Congresses; East Asia -- Economic integration -- Congresses
Description: The increased mobility and volume of international capital flows is a striking trend in international finance. While countries worldwide have engaged in financial deregulation, nowhere is this pattern more pronounced than in East Asia, where it has affected in unanticipated ways the behavior of exchange rates, interest rates, and capital flows.

In these thirteen essays, American and Asian scholars analyze the effects of financial deregulation and integration on East Asian markets. Topics covered include the impact of financial liberalization in Japan, Korea, and Singapore, macroeconomic policy implications for financial management of export-led growth in Korea and Taiwan, the roles of the United States and Japan in trading with Asian countries, and the effects of foreign direct investment in China.

Demonstrating the complexity of financial deregulation and the challenges it poses for policy makers, this volume provides an excellent picture of the overall status of East Asian financial markets for scholars in international finance and Asian economic development.
Notes: Includes bibliographical references and indexes.
"Contains edited versions of papers presented at the NBER-East Asia Seminar on Economics fifth Annual conference, held in Singapore, June 15-17, 1994"--Acknowl.