Book

Macro-financial linkages in the Pacific region

Kohsaka, Akira, editor, Kohsaka, Akira. Macro-financial linkage and financial deepening

Overview

\"Growth perspectives in emerging market economies are increasingly dependent on international capital flows in recent decades because of their influences on business cycles. In fact, volatile international capital flows has been one of the main concerns for the macroeconomic policy authorities. Focusing on emerging economies in the Pacific region, this book reveals how they are different from those in other regions in terms of international macro-financial linkages to the global capital market and domestic financial development. The book also discusses how these characteristics have interacted with their macroeconomic policy regimes and their macroeconomic performance throughout the two major international financial crises in the past more than two decades. It suggests facts that have strengthened the resilience of these emerging economies in the Pacific region against the global financial crisis along with the intensified intra-regional economic integration through trade and investment. The book also examines their macroeconomic management focusing on monetary policy regimes and suggests that their factual unorthodox policies with exchange rate management and capital controls have contributed to their resilience against the intrinsic volatility of the international capital market and financial flows\"-- Provided by publisher.

• Publisher: Routledge
• Subject: Finance Asia. / Finance Pacific Area. / Monetary policy Asia. / Monetary policy Pacific Area. / Capital market Asia. / Capital market Pacific Area.
• ISBN: 9781138806535, 1138806536

Item info:

1 item available

1 item total in all locations

Holdings :

Call Number	Copies	Material	Location
HG187.A2 M325 2015	1	BOOK	AUTOSTORE