Pricing Currency Risk

Pricing Currency Risk
Author: Sergio L. Schmukler
Publisher: World Bank Publications
Total Pages: 82
Release: 2002
Genre: Capital costs
ISBN:

Exchange Rate Regimes and Macroeconomic Stability

Exchange Rate Regimes and Macroeconomic Stability
Author: Lok Sang Ho
Publisher: Springer Science & Business Media
Total Pages: 258
Release: 2011-06-28
Genre: Business & Economics
ISBN: 1461510414

The Asian crisis of 1997-1998 was a major influence on macroeconomic thinking concerning exchange rate regimes, the functioning of international institutions, such as the IMF and the World Bank, and international contagion of macroeconomic instability from one country to another. Exchange Rate Regimes and Macroeconomic Stability offers perspectives on these issues from the viewpoints of two Nobel Laureates, an IMF economist, and Asian economists. This book contributes new ideas to the ongoing debate on the role of domestic monetary authorities and international institutions in reducing the likelihood of international financial crises, as well as the problems associated with various exchange rate regimes from the standpoint of macroeconomic stability. Overall, the chapters contained in this volume offer interesting perspectives, which have been stimulated by the recent events in the foreign exchange market. They provide a useful reference for anyone interested in the development of exchange rate regimes, and represent considerable reflection by economists half a century after Bretton Woods.

Currency Board Arrangements

Currency Board Arrangements
Author: Mr.Charles Enoch
Publisher: International Monetary Fund
Total Pages: 68
Release: 1997-09-05
Genre: Business & Economics
ISBN: 9781557756688

This paper provides a comprehensive analysis of the attractions and disadvantages of currency board arrangements in their various institutional configurations. It asks what defines a currency board arrangement, what are their strengths and weaknesses, and what constraints they place on macroeconomic policies. It also reviews country experiences with these arrangements.

Regional and Global Capital Flows

Regional and Global Capital Flows
Author: Takatoshi Ito
Publisher: University of Chicago Press
Total Pages: 404
Release: 2009-02-15
Genre: Business & Economics
ISBN: 0226387011

The volume of capital flows between industrial and developing countries has grown dramatically in the past decade and has become a major issue in a world that is increasingly "globalized." Here Takatoshi Ito and Anne O. Krueger, two leading experts on this topic, have assembled a group of scholars who address different types of capital flows—bank lending, bonds, direct foreign investment—and the implications they hold for economic performance. With its particular focus on the Asian financial crises, this work presents a new model for policy makers everywhere in thinking about the role of private capital flows.

The Dollarization Debate

The Dollarization Debate
Author: Dominick Salvatore
Publisher: Oxford University Press
Total Pages: 491
Release: 2003-03-27
Genre: Business & Economics
ISBN: 0198035365

This book takes a global approach, with an emphasis on North and Latin America respectfully, by discussing one of today's most controversial topics in business; Dollarization. With the collapse of the former Soviet Union, and the formation of the Euro in Europe, many countries and debating whether or not a common currency is in their best interest. This intriguing volume brings together the leading participants in the current dollarization debates. Many advocate the notion of a common currency, while others feel that in doing so will create financial costs for all that take part, with the severity varying from country to country.

The Hong Kong Financial System

The Hong Kong Financial System
Author: Simon S. M. Ho
Publisher: Oxford University Press, USA
Total Pages: 536
Release: 2004
Genre: Business & Economics
ISBN:

This book provides a comprehensive and up-to-date description of the financial system of Hong Kong, a system which has undergone immense changes in recent years. The book, written by scholars and profesionals in the finance sector, covers all aspects of the financial system--commercial banking and non-depository institutions, the major financial markets, monetary policy, international financial relations, and information technology.

Beyond Transition

Beyond Transition
Author: Ben Slay
Publisher: Routledge
Total Pages: 307
Release: 2017-11-30
Genre: Business & Economics
ISBN: 1351162594

The post-communist Central European and Baltic economies are now approaching the end of their transitions to well-functioning market systems. In some respects, the approaching EU accession and conclusion of the transition marks the end of a fascinating period in economic history. Beyond Transition focuses on the economic problems and issues facing Central Europe and the Baltics, the Balkans, and countries belonging to the Commonwealth for Independent States (CIS) in the post-transition context. This focus reflects the need to better understand two processes that are increasingly apparent in the post-communist economic space. First, many of the problems now facing policy makers in post-communist economies - choice of exchange rate regime, tax reform, labour market regulation, improving corporate governance - also face policy makers in developed and developing countries in other parts of the world. Second, the EU's eastern enlargement and the policy agendas facing the first wave accession candidates have major implications for the CIS and Balkan countries that have not been (and may never be) invited to join this process.