Author: Hui Miao
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 180
Book Description
Three Essays on Portfolio Capital Flows to Emerging Markets
Author: Hui Miao
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 180
Book Description
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 180
Book Description
Capital Flows and the Emerging Economies
Author: Sebastian Edwards
Publisher: University of Chicago Press
ISBN: 0226184722
Category : Business & Economics
Languages : en
Pages : 366
Book Description
The 1990s witnessed several acute currency crises among developing nations that invariably spread to other nearby at-risk countries. These episodes—in Mexico, Thailand, South Korea, Russia, and Brazil—were all exacerbated by speculative foreign investments and high-volume movements of capital in and out of those countries. Insufficient domestic controls and a sluggish international response further undermined these economies, as well as the credibility of external oversight agencies like the International Monetary Fund. This timely volume examines the correlation between volatile capital mobility, currency instability, and the threat of regional contagion, focusing particular attention on the emergent economies of Latin America, Southeast Asia, and Eastern Europe. Together these studies offer a new understanding of the empirical relationship between capital flows, international trade, and economic performance, and also afford key insights into realms of major policy concern.
Publisher: University of Chicago Press
ISBN: 0226184722
Category : Business & Economics
Languages : en
Pages : 366
Book Description
The 1990s witnessed several acute currency crises among developing nations that invariably spread to other nearby at-risk countries. These episodes—in Mexico, Thailand, South Korea, Russia, and Brazil—were all exacerbated by speculative foreign investments and high-volume movements of capital in and out of those countries. Insufficient domestic controls and a sluggish international response further undermined these economies, as well as the credibility of external oversight agencies like the International Monetary Fund. This timely volume examines the correlation between volatile capital mobility, currency instability, and the threat of regional contagion, focusing particular attention on the emergent economies of Latin America, Southeast Asia, and Eastern Europe. Together these studies offer a new understanding of the empirical relationship between capital flows, international trade, and economic performance, and also afford key insights into realms of major policy concern.
Three Essays on Emerging Capital Markets
Author: Qi Li
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 150
Book Description
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 150
Book Description
Three Essays on Capital Flows, Banking Weakness, and Real Exchange Rates in East Asia and Latin America
Author: Mohamed Hassan
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 146
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 146
Book Description
Three Essays in International Economics
Author: Maxwell Oteng
Publisher:
ISBN:
Category : Africa
Languages : en
Pages : 344
Book Description
Publisher:
ISBN:
Category : Africa
Languages : en
Pages : 344
Book Description
Three Essays in International Economics
Author: Ling Huang
Publisher:
ISBN:
Category :
Languages : en
Pages : 404
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 404
Book Description
Emerging Capital Markets and Globalization
Author: Augusto de la Torre
Publisher: World Bank Publications
ISBN: 0821365444
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.
Publisher: World Bank Publications
ISBN: 0821365444
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.
Three Essays in International Macroeconomics
Author: Mahir Binici
Publisher:
ISBN:
Category :
Languages : en
Pages : 366
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 366
Book Description
Three Essays in Business Cycles and Finance
Author: Gabriel Perez-Quiros
Publisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 342
Book Description
Publisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 342
Book Description
Emerging Market Capital Flows
Author: Richard M. Levich
Publisher: Springer Science & Business Media
ISBN: 1461561973
Category : Business & Economics
Languages : en
Pages : 464
Book Description
In a little over one decade, the spread of market-oriented policies has turned the once so-called lesser developed countries into emerging markets. Many forces have been responsible for the tremendous growth in emerging markets. Trends toward market-oriented policies that permit private ownership of economic activities, such as public utilities and telecommunications, are part of the explanation. Corporate restructuring, following the debt crisis of the early 1980's has permitted many emerging market companies to gain international competitiveness. And an essential condition, a basic sea-change in economic policy, has opened up many emerging markets to international investors. This growth in emerging markets has been accompanied by volatility in individual markets, and a sector-wide shock after the meltdown in the Mexican Bolsa and Mexican peso, resulting in heated debate over the nature of these markets. Emerging market capital flows continue to be the subject of intense discussion around the world among investors, academics, and policymakers. Emerging Market Capital Flows examines the issues of emerging market capital flows from several distinct perspectives, addressing a number of related questions about emerging markets.
Publisher: Springer Science & Business Media
ISBN: 1461561973
Category : Business & Economics
Languages : en
Pages : 464
Book Description
In a little over one decade, the spread of market-oriented policies has turned the once so-called lesser developed countries into emerging markets. Many forces have been responsible for the tremendous growth in emerging markets. Trends toward market-oriented policies that permit private ownership of economic activities, such as public utilities and telecommunications, are part of the explanation. Corporate restructuring, following the debt crisis of the early 1980's has permitted many emerging market companies to gain international competitiveness. And an essential condition, a basic sea-change in economic policy, has opened up many emerging markets to international investors. This growth in emerging markets has been accompanied by volatility in individual markets, and a sector-wide shock after the meltdown in the Mexican Bolsa and Mexican peso, resulting in heated debate over the nature of these markets. Emerging market capital flows continue to be the subject of intense discussion around the world among investors, academics, and policymakers. Emerging Market Capital Flows examines the issues of emerging market capital flows from several distinct perspectives, addressing a number of related questions about emerging markets.