International capital flows in calm and turbulent times : the need for new international architecture /
International capital flows in calm and turbulent times : the need for new international architecture /
edited by Stephany Griffith-Jones, Ricardo Gottschalk, and Jacques Cailloux.
- 1 online resource
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- Development and inequality in the market economy .
- Development and inequality in the market economy. .
Includes bibliographical references and index.
List of Figures; List of Tables; Preface; 1. Global Capital Flows to East Asia: Surges and Reversals; 2. The Role of Mutual funds and Other International Investors in Currency Crises; 3. International Bank Lending and the East Asian Crisis; 4. Foreign Capital Flows to Thailand: Determinants and Impact; 5. Capital Flows into and from Malaysia; 6. The Recent Economic Crisis in Indonesia: Causes, Impacts, and Responses; 7. Who Destabilized the Korean Stock Market?; 8. The Currency Shake-up in 1997: A Case Study of the Czech Economy 9. The Swings in Capital Flows and the Brazilian Crisis10. The Financial Crises of the Late 1990s: Summary and Policy Lessons; 11. Key Elements for a New International Financial Architecture; Contributors; Index
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Annotation International Capital Flows in Calm and Turbulent Times analyzes the financial crises of the late 1990s and draws attention to the type of lenders and investors that triggered and deepened the crises. It concentrates on institutional investors and banks and provides detailed analysis of the countries most affected by the 1997-98 Asian financial crisis as well as the Czech Republic and Brazil. It also suggests necessary international financial reforms to make crises less likely. The book is unique in its scrutiny of the type of lenders and investors that triggered and deepened the crises, focusing particularly on institutional investors and banks; allocation of their assets; the criteria used in this process; and the impact of the nature of the investor on the volatility of different types of capital flow. It addresses such questions as: What determines or triggers massive changes in perceptions and sentiment by different investors and leaders? To what extent does contagion spread not just among countries but between actors? What are the policy implications of this analysis? The book concludes by examining the asymmetries in the financial architecture discussions and implementation and by offering policy proposals.
Electronic reproduction.
[Place of publication not identified] :
HathiTrust Digital Library,
2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
http://purl.oclc.org/DLF/benchrepro0212
English.
9780472024827 (ebook) 0472024825 1282445359 9781282445352 9786612445354 6612445351 9780472113095 0472113097 (cloth ; acid-free paper)
9780472113095 10.3998/mpub.17835
22573/ctt1gsd0tw JSTOR
2020706686
Capital movements.
Financial crises.
International finance.
Capital movements--Developing countries.
Financial crises--Developing countries.
Mouvements de capitaux.
BUSINESS & ECONOMICS--Finance.
BUSINESS & ECONOMICS--General.
Capital movements.
Financial crises.
International finance.
Kapitaalverkeer.
Financiële crises.
Finances internationales.
Crise financière.
Mouvement de capitaux.
Developing countries.
Pays en développement.
Electronic book.
Electronic books.
Electronic books.
HG3891
332/.042
Includes bibliographical references and index.
List of Figures; List of Tables; Preface; 1. Global Capital Flows to East Asia: Surges and Reversals; 2. The Role of Mutual funds and Other International Investors in Currency Crises; 3. International Bank Lending and the East Asian Crisis; 4. Foreign Capital Flows to Thailand: Determinants and Impact; 5. Capital Flows into and from Malaysia; 6. The Recent Economic Crisis in Indonesia: Causes, Impacts, and Responses; 7. Who Destabilized the Korean Stock Market?; 8. The Currency Shake-up in 1997: A Case Study of the Czech Economy 9. The Swings in Capital Flows and the Brazilian Crisis10. The Financial Crises of the Late 1990s: Summary and Policy Lessons; 11. Key Elements for a New International Financial Architecture; Contributors; Index
Use copy
Annotation International Capital Flows in Calm and Turbulent Times analyzes the financial crises of the late 1990s and draws attention to the type of lenders and investors that triggered and deepened the crises. It concentrates on institutional investors and banks and provides detailed analysis of the countries most affected by the 1997-98 Asian financial crisis as well as the Czech Republic and Brazil. It also suggests necessary international financial reforms to make crises less likely. The book is unique in its scrutiny of the type of lenders and investors that triggered and deepened the crises, focusing particularly on institutional investors and banks; allocation of their assets; the criteria used in this process; and the impact of the nature of the investor on the volatility of different types of capital flow. It addresses such questions as: What determines or triggers massive changes in perceptions and sentiment by different investors and leaders? To what extent does contagion spread not just among countries but between actors? What are the policy implications of this analysis? The book concludes by examining the asymmetries in the financial architecture discussions and implementation and by offering policy proposals.
Electronic reproduction.
[Place of publication not identified] :
HathiTrust Digital Library,
2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
http://purl.oclc.org/DLF/benchrepro0212
English.
9780472024827 (ebook) 0472024825 1282445359 9781282445352 9786612445354 6612445351 9780472113095 0472113097 (cloth ; acid-free paper)
9780472113095 10.3998/mpub.17835
22573/ctt1gsd0tw JSTOR
2020706686
Capital movements.
Financial crises.
International finance.
Capital movements--Developing countries.
Financial crises--Developing countries.
Mouvements de capitaux.
BUSINESS & ECONOMICS--Finance.
BUSINESS & ECONOMICS--General.
Capital movements.
Financial crises.
International finance.
Kapitaalverkeer.
Financiële crises.
Finances internationales.
Crise financière.
Mouvement de capitaux.
Developing countries.
Pays en développement.
Electronic book.
Electronic books.
Electronic books.
HG3891
332/.042