Preventing Currency Crises in Emerging Markets

Preventing Currency Crises in Emerging Markets PDF Author: Sebastian Edwards
Publisher: University of Chicago Press
ISBN: 9780226184944
Category : Business & Economics
Languages : en
Pages : 782

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Book Description
Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future of the global financial system. In this timely and important volume, distinguished academics, officials in multilateral organizations, and public and private sector economists explore the causes of and effective policy responses to international currency crises. Topics covered include exchange rate regimes, contagion (transmission of currency crises across countries), the current account of the balance of payments, the role of private sector investors and of speculators, the reaction of the official sector (including the multilaterals), capital controls, bank supervision and weaknesses, and the roles of cronyism, corruption, and large players (including hedge funds). Ably balancing detailed case studies, cross-country comparisons, and theoretical concerns, this book will make a major contribution to ongoing efforts to understand and prevent international currency crises.

Preventing Currency Crises in Emerging Markets

Preventing Currency Crises in Emerging Markets PDF Author: Sebastian Edwards
Publisher: University of Chicago Press
ISBN: 9780226184944
Category : Business & Economics
Languages : en
Pages : 782

Get Book Here

Book Description
Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future of the global financial system. In this timely and important volume, distinguished academics, officials in multilateral organizations, and public and private sector economists explore the causes of and effective policy responses to international currency crises. Topics covered include exchange rate regimes, contagion (transmission of currency crises across countries), the current account of the balance of payments, the role of private sector investors and of speculators, the reaction of the official sector (including the multilaterals), capital controls, bank supervision and weaknesses, and the roles of cronyism, corruption, and large players (including hedge funds). Ably balancing detailed case studies, cross-country comparisons, and theoretical concerns, this book will make a major contribution to ongoing efforts to understand and prevent international currency crises.

Macroeconomics for Professionals

Macroeconomics for Professionals PDF Author: Leslie Lipschitz
Publisher: Cambridge University Press
ISBN: 1108568467
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Understanding macroeconomic developments and policies in the twenty-first century is daunting: policy-makers face the combined challenges of supporting economic activity and employment, keeping inflation low and risks of financial crises at bay, and navigating the ever-tighter linkages of globalization. Many professionals face demands to evaluate the implications of developments and policies for their business, financial, or public policy decisions. Macroeconomics for Professionals provides a concise, rigorous, yet intuitive framework for assessing a country's macroeconomic outlook and policies. Drawing on years of experience at the International Monetary Fund, Leslie Lipschitz and Susan Schadler have created an operating manual for professional applied economists and all those required to evaluate economic analysis.

Sustainability of External Imbalances

Sustainability of External Imbalances PDF Author: Angélique Herzberg
Publisher: Springer
ISBN: 3658070919
Category : Political Science
Languages : en
Pages : 336

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Book Description
Since the mid-1990s, sustainability of large and persistent current account positions have been attracting much attention from policy makers and economists alike. Alongside global imbalances, sustainability of imbalances within the euro area, which started widening shortly after the introduction of the euro, raised much concern. While there exists a large body of theoretical and empirical literature on sustainability of external imbalances, a systematic survey has been lacking so far. Angélique Herzberg fills this gap by examining a broad range of established sustainability measures concerning their applicability to the various global and intra-euro imbalances of the recent past. Furthermore, the author examines the existence of feedback effects from an economy ́s net international investment position to its trade balance.

Inflation and Disinflation in Turkey

Inflation and Disinflation in Turkey PDF Author: Faruk Selcuk
Publisher: Routledge
ISBN: 135173928X
Category : Business & Economics
Languages : en
Pages : 191

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Book Description
This title was first published in 2002. Since the 1990s Turkey has experienced a number of disasters, both physical and economic. The result has been a decrease in economic performance compared to other European states. This study addresses the country's ongoing economic struggles.

Macroeconomic Policies for EU Accession

Macroeconomic Policies for EU Accession PDF Author: Erdem Basci
Publisher: Edward Elgar Publishing
ISBN: 9781847205230
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
What macroeconomic requirements must Turkey meet in its quest to accede to the European Union? This book, with its distinguished contributors - well-known economists and policymakers - examines and analyses these macroeconomic challenges confronting Turkey. Although the focus is on the specific situation of Turkey, the lessons are informative for other candidate countries and the findings directly relevant to the process of European integration. The book is divided into four parts: fiscal policies and sustainability of public finances, monetary policy challenges, preconditions for euro adoption, sustainable regimes of capital movements. Each topic is studied in two consecutive papers concentrating first on the challenges faced by the countries of the EU, and then by Turkey. Several papers review the experiences from the previous round of EU accession and the implications of these for Turkey. Macroeconomic Policies for EU Accession will appeal to policymakers, bureaucrats and academics interested in the macroeconomic problems of EU accession and European integration.

OECD Economic Surveys: Turkey 2012

OECD Economic Surveys: Turkey 2012 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264127976
Category :
Languages : en
Pages : 110

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Book Description
OECD's 2012 survey of Turkey's economy examines recent economic developments, policies, and prospects and takes a more detailed look at real exchange rates and competitiveness and structural reforms and growth.

Current-account Sustainability

Current-account Sustainability PDF Author: Gian Maria Milesi-Ferretti
Publisher: International Finance Section Princeton University Internati
ISBN:
Category : Business & Economics
Languages : en
Pages : 90

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Book Description
This study presents a notion of current-account sustainability that explicitly considers, in addition to intertemporal solvency, a willingness to pay and to lend. It argues that this notion of sustainability provides a useful framework for understanding the variety of country experiences with protracted current-account imbalances. Based on this notion, the authors identify a number of potential sustainability indicators related to the structure of the economy and the economic policy stance. They use these indicators in the evaluation of the experience of a number of countries that have run persistent current-account imbalances and ask whether they help to discriminate between countries that underwent an external crisis and those that did not.

External Debt, Fiscal Policy, and Sustainable Growth in Turkey

External Debt, Fiscal Policy, and Sustainable Growth in Turkey PDF Author: Sweder van Wijnbergen
Publisher:
ISBN:
Category : Architecture
Languages : en
Pages : 200

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Book Description


Economic Developments In India : Monthly Update, Volume -43 Analysis, Reports, Policy Documents

Economic Developments In India : Monthly Update, Volume -43 Analysis, Reports, Policy Documents PDF Author: Editors : Raj Kapila & Uma Kapila
Publisher: Academic Foundation
ISBN: 9788171882328
Category :
Languages : en
Pages : 328

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Book Description


The Economy of Turkey

The Economy of Turkey PDF Author: Economic Mission to Turkey
Publisher:
ISBN:
Category : Turkey
Languages : en
Pages : 318

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Book Description