Financial Policies in Emerging Markets - Hardcover

Hardcover

ISBN 10: 0262025256 ISBN 13: 9780262025256

Verlag: MIT Press, 2002

Inhaltsangabe

Book by None

Über diesen Titel

Críticas:

"This is an outstanding volume, dealing with banks, exchange rate policies, and financial crises in the emerging markets. It is also a unique source of provocative theory and factual information about the adoption of the Euro by the Central and East European Nations."--Jan Svejnar, Executive Director of The William Davidson Institute, University of Michigan Business School

Reseña del editor:

The 1994-1995 Mexican crisis was the first in a succession of financial crises to hit emerging markets in Thailand, Indonesia, Malaysia, South Korea, Russia, Brazil, Argentina, and Turkey. In almost all these cases, problems in the banking sector played a key role. Any analysis of recent developments in emerging market economies must consider two questions: What is the degree of financial vulnerability in emerging market economies, and what, if any, is the connection between the exchange rate regime and financial vulnerability?This book furthers understanding of the impact of financial policies on emerging market economies. Following an introduction by the editors, the book contains two main sections. The first presents theoretical and empirical evidence on the relation between financial policy and financial vulnerability. The second considers financial policy in central and eastern Europe in terms of the euro and the European Monetary Union. Although there is no clear-cut answer to which exchange rate regime works best, the book concludes that the financial vulnerability of emerging market economies suggests the advisability of greater caution in financial system liberalization and management.

Über diese Auflage

• Verlag: MIT Press
• Erscheinungsdatum: 2002
• ISBN 10: 0262025256
• ISBN 13: 9780262025256
• Einband: Tapa dura
• Anzahl der Seiten: 266
• Herausgeber: Blejer Mario I., Škreb Marko