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Crisis, Capital Flows And Fdi In Emerging Asia
by Ramkishen S. Rajan, Sasidaran Gopalan, Rabin Hattari
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895.00
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805.50
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The relative insulation and rapid recovery of emerging Asia from the global financial crisis has evoked considerable interest in the growth experience of the Asian region. This book offers a unique view of this phenomenon through a critical and in-depth analysis of international capital flows, FDI, and exchange rate regimes and choices.
Using a combination of quantitative data and analytical rigour, the essays provide answers to a wide array of questions of contemporary relevance such as:
• How has emerging Asia handled booms and busts in capital flows?
• How important are worker remittances as a source of external financing?
• How are FDI flows to emerging Asia from within Asia different as compared to those from OECD economies?
• What are the de jure and de facto policies of foreign bank entry into emerging Asian economies?
• What has been the role of bank lending in India’s robust growth?
• How are emerging Asian currencies managed in the context of global imbalances?
While the book covers India, China, and other sub-regions of East and South Asia, it also has valuable policy pointers for other emerging markets.
ISBN - 9780198069720
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