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International Finance Discussion Papers: Capital Controls During Financial Crises: The Case of Malaysia and Thailand - Softcover

Edison, Hali J; Reinhart, Carmen M

 
9781288732821: International Finance Discussion Papers: Capital Controls During Financial Crises: The Case of Malaysia and Thailand
Softcover
ISBN 10: 1288732821 ISBN 13: 9781288732821
Verlag: BiblioBazaar, LLC, 2013

Inhaltsangabe

This study examines the impact capital controls had in Malaysia (1998-1999) and Thailand (1997). We aim to assess the extent to which the capital controls were effective in delivering the outcomes that motivated their imposition. We conclude that in Thailand the controls did not deliver much of what was intended--although, one does not observe the counterfactual. By contrast, in the case of Malaysia the controls did align closely with the priors of what controls are intended to achieve: greater interest rate and exchange rate stability and more policy autonomy.

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Verlag
BiblioBazaar, LLC
Erscheinungsdatum
2013
Sprache
Englisch
ISBN 10 
1288732821
ISBN 13 
9781288732821
Einband
Taschenbuch
Anzahl der Seiten
42
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