Capital flows in Asia
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Capital flows in Asia by Takatoshi ItЕЌ

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Published by National Bureau of Economic Research in Cambridge, MA .
Written in English


  • Capital movements -- Asia -- Econometric models,
  • Investments, Foreign -- Asia -- Econometric models,
  • Financial crises -- Asia -- Econometric models,
  • Foreign exchange rates -- Asia -- Econometric models,
  • Monetary policy -- Asia -- Econometric models

Book details:

Edition Notes

StatementTakatoshi Ito.
SeriesNBER working paper series -- working paper 7134, Working paper series (National Bureau of Economic Research) -- working paper no. 7134.
ContributionsNational Bureau of Economic Research.
The Physical Object
Pagination49, [2] p. :
Number of Pages49
ID Numbers
Open LibraryOL22398907M

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  The book provides an understanding of how international trade and capital flows have engineered the development process in East Asia, and examines the real and potential challenges that the region is expect to encounter in the twenty-first by: 1. This book on the different aspects of international economic policy covers financial crises, reserve accumulation, capital flows and currency wars as well as issues relating to foreign direct investment and developments in China and : Palgrave Macmillan UK. The capital flows were certainly excessive in the sense that they were greater than could be absorbed (that is, the capital flows were substantially larger than the current account deficits: see Figure ). The capital inflows into Indonesia, Malaysia, the Philippines and Thailand in the five years –94 were twice as large as the current. This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the region through improved financial regulation and other policy.

While the increase in US interest rates and the negative fall-out from Mexico's crisis in early may have dampened these flows temporarily, most factors indicate that East Asia will be an attractive destination of international capital flows for some time to come.   Using a sample of 28 emerging market economies from Asia and Latin America spanning –, we show that the marginal effect of capital flows on growth is positive and contingent on the threshold level of institutional quality (IQ).Cited by: 1. Asian Capital Flows August 56 Asian Capital Flows1 Introduction The Asian region has returned to experiencing net inflows of private capital over the past couple of years, after several years of outflows following the Asian crisis.2 At the same time, the large current account surpluses which emerged after the crisis have persisted (Graph 1). His research interests and publications include issues related to economic development, foreign capital, innovation and growth, international development, and poverty. He received his PhD in Economic Development from the University of Trento, Italy.

Original and thought provoking, they make us recognize both the importance of global capital flows and their impact on the competitiveness of countries and firms. Lying squarely at the intersection of finance, international business, entrepreneurship, and public policy, their book offers global private equity investors with an insightful approach to uncover new opportunities and shed light on hidden risks."Cited by: 2. Capital Flows in Asia Takatoshi Ito. NBER Working Paper No. Issued in May NBER Program(s):International Finance and Macroeconomics Program. This paper characterizes the capital flows in Asia before and after the Asian currency crisis of Differences in foreign direct investment, portfolio investment, and bank lending are by: CAPITAL FLOWS ACROSS EPISODES: THE FACTS There have been two other major episodes of inflows to Asia over the past two decades. The first episode began in the early s and ended abruptly with the –98 financial crisis, while the second began in the early 20 00s and again ended abruptly with the GFC (Figure 1). Managing Capital Flows in Asia: An Overview of Key Issues Global capital flows into emerging markets, including those in Asia, continue to be volatile. These capital flows generate both benefits and costs. The latter are associated with episodes of currency and bankingCited by: 1.