Policy Responses to Capital Flows in Emerging Markets

Policy Responses to Capital Flows in Emerging Markets PDF Author: Mahmood Pradhan
Publisher: International Monetary Fund
ISBN: 1463935129
Category : Business & Economics
Languages : en
Pages : 45

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Book Description
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

Policy Responses to Capital Flows in Emerging Markets

Policy Responses to Capital Flows in Emerging Markets PDF Author: Mahmood Pradhan
Publisher: International Monetary Fund
ISBN: 1463935129
Category : Business & Economics
Languages : en
Pages : 45

Get Book Here

Book Description
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

Managing Capital Flows

Managing Capital Flows PDF Author: Masahiro Kawai
Publisher: Edward Elgar Publishing
ISBN: 184980687X
Category : Business & Economics
Languages : en
Pages : 465

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Book Description
Managing Capital Flows provides analyses that can help policymakers develop a framework for managing capital flows that is consistent with prudent macroeconomic and financial sector stability. While capital inflows can provide emerging market economies with invaluable benefits in pursuing economic development and growth, they can also pose serious policy challenges for macroeconomic management and financial sector supervision. The expert contributors cover a wide range of issues related to managing capital flows and analyze the experience of emerging Asian economies in dealing with surges in capital inflows. They also discuss possible policy measures to manage capital flows while remaining consistent with the goals of macroeconomic and financial sector stability. Building on this analysis, the book presents options for workable national policies and regional policy cooperation, particularly in exchange rate management. Containing chapters that bring in international experiences relevant to Asia and other emerging market economies, this insightful book will appeal to policymakers in governments and financial institutions, as well as public and private finance experts. It will also be of great interest to advanced students and academic researchers in finance.

From Capital Surges to Drought

From Capital Surges to Drought PDF Author: R. Ffrench-Davis
Publisher: Springer
ISBN: 1403990093
Category : Business & Economics
Languages : en
Pages : 354

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Book Description
This book analyzes the new trends in capital flows to emerging markets since the Asian crisis, their determinants and policy implications. It explains why such flows have declined so dramatically in recent years, emphasising both structural and cyclical factors. Senior bankers, regulators, and well-known academics explain the behaviour of different players. The book breaks new ground by showing in detail how such behaviour has contributed to the decline of flows and their volatility. The book suggests what coping mechanisms developing countries could adopt to deal with crisis situations; what measures should be taken at the national and international levels to make recipient countries less vulnerable to international financial instability; how such instability can be reduced; and what can be done on the source countries to encourage larger more stable capital flows to developing countries.

Managing Capital Flows in Turbulent Times

Managing Capital Flows in Turbulent Times PDF Author: Zdenek Drabek
Publisher: M.E. Sharpe
ISBN: 9780765603692
Category : Business & Economics
Languages : en
Pages : 266

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Book Description
Volatility in emerging markets has become a familiar problem in the cases of Latin America and Asia; the same phenomenon in the new market economies of Eastern Europe -- the Czech Republic, Poland, and Hungary -- is of newer vintage. This book explores the patterns and problems of capital inflows in the Central European economies in a global context, highlighting the critical importance of transparency and prudent regulatory regimes in economic development.

Financial Crises Explanations, Types, and Implications

Financial Crises Explanations, Types, and Implications PDF Author: Mr.Stijn Claessens
Publisher: International Monetary Fund
ISBN: 1475561008
Category : Business & Economics
Languages : en
Pages : 66

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Book Description
This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.

Staff Guidance Note on Macroprudential Policy

Staff Guidance Note on Macroprudential Policy PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498342620
Category : Business & Economics
Languages : en
Pages : 45

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Book Description
This note provides guidance to facilitate the staff’s advice on macroprudential policy in Fund surveillance. It elaborates on the principles set out in the “Key Aspects of Macroprudential Policy,” taking into account the work of international standard setters as well as the evolving country experience with macroprudential policy. The main note is accompanied by supplements offering Detailed Guidance on Instruments and Considerations for Low Income Countries

The Tobin Tax

The Tobin Tax PDF Author: Mahbub ul Haq
Publisher: New York : Oxford University Press
ISBN: 019511180X
Category : Capital flight tax
Languages : en
Pages : 337

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Book Description
This guide to coping with financial volatility should be of interest to academics and economists with interest in finance and international development.

Stability with Growth

Stability with Growth PDF Author: Joseph Stiglitz
Publisher: OUP Oxford
ISBN: 019153711X
Category : Business & Economics
Languages : en
Pages : 364

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Book Description
There is growing dissatisfaction with the economic policies advocated by the IMF and other international financial institutions - policies that have often resulted in stagnating growth, crises, and recessions for client countries. This book presents an alternative to "Washington Consensus" neo-liberal economic policies by showing that both macro-economic and liberalization policy must be sensitive to the particular circumstances of developing countries. One-size-fits-all policy prescriptions are likely to fail given the vast differences between countries. This book discusses how alternative approaches to economic policy can better serve developing countries both in ordinary times and in times of crisis.

The Future of Inter-American Relations

The Future of Inter-American Relations PDF Author: Jorge I. Dominguez
Publisher: Routledge
ISBN: 1136684247
Category : Political Science
Languages : en
Pages : 332

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Book Description
Jorge I. Dominguez has brought together experts from Latin America, the Caribbean and the US to explore transnational aspects of crime, migration, trade, security, democracy, and international financial institutions in the Americas. They consider the effect of drug trafficking on government, the economy, and the rule of law, at both national and hemispheric levels. They look at the policy implications of migration and immigration trends, as well as trends in international trade. Assessing how to promote peace and democracy in the region, several essays examine regional issues and institutions. Others analyze the role of international financial institutions such as the IMF and the World Bank in promoting economic reforms. Commissioned by the Inter-American Dialogue, this collection contributes to the debate on the future direction of inter-American relations.

Coping with International Capital Flows

Coping with International Capital Flows PDF Author: Richard Portes
Publisher: Commonwealth Secretariat
ISBN: 9780850925029
Category : Business & Economics
Languages : en
Pages : 48

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Book Description
Private capital flows to developing countries have increased dramatically. This book identifies key concerns about the sustainability and volatility of these flows, and makes a number of recommendations for national macroeconomics management, including crisis prevention measures. In addition there is an innovative proposal for the orderly workout of sovereign debt