Rebalancing Economies in Financially Integrating East Asia (Routledge-ERIA Studies in Development Economics)

0 avg rating
( 0 ratings by Goodreads )
 
9780415859363: Rebalancing Economies in Financially Integrating East Asia (Routledge-ERIA Studies in Development Economics)
View all copies of this ISBN edition:
 
 

Since the Asian Financial Crisis (AFC) of 1997–98 large current account surpluses have accumulated in the countries of Asia and the Pacific with corresponding deficits elsewhere. The sharp plunge in global trade volumes during the global financial crisis has highlighted the need for ‘rebalancing’–focussing more on domestic sources of economic growth than on exports in some Asian economies. One key objective of the book is to elucidate the economic structures and policies that give rise to current account surpluses and imbalances and consider what policy adjustments could change them. Another objective is to show the link between financial systems, financial integration and the transmission of economic shocks between countries.

The book offers new dimensions to understand ‘rebalancing’ and provides alternative and arguably more fundamental solutions to address imbalances. Rather than focusing on exchange rate misalignment, this book begins from the premise that the imbalances are a macroeconomic problem that reflects a mismatch between savings and investment in the surplus countries. Then, it examines exchange rate policies adopted by countries in the region and finds that part of the explanation for their currency strategy lies in their perceived need to build foreign exchange reserves to provide a buffer in case of instabilities. The book examines whether there are other possibilities for countries to insure against economic volatility by more actively and openly engaging with international capital markets. The studies show that closer financial integration, involving more open financial markets, with well-chosen partners, would be welfare-improving and should reduce the need for the counter-productive, self-insurance policies that result in foreign exchange accumulation.

"synopsis" may belong to another edition of this title.

About the Author:

Jenny Corbett is Professor of Economics, Australian National University, and Pro Vice-Chancellor (Research and Research Training), Australian National University. She is also Reader in the Economy of Japan, University of Oxford; a Research Associate of the Centre for Applied Macroeconomic Analysis (CAMA); and a Research Fellow at the Centre for Economic Policy Research (CEPR), London.

Ying Xu is Lecturer in the Crawford School of Public Policy, Australian National University. She is also Research Associate at the Centre for Applied Macroeconomic Analysis (CAMA), Australian National University.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Published by Routledge (2018)
ISBN 10: 0415859360 ISBN 13: 9780415859363
New Hardcover Quantity Available: 2
Print on Demand
Seller:
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description Routledge, 2018. Hardcover. Condition: New. Never used! This item is printed on demand. Seller Inventory # P110415859360

More information about this seller | Contact this seller

Buy New
US$ 114.26
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

2.

Jenny Corbett (editor), Xu Ying (editor)
Published by Taylor and Francis 2014-11-20, Abingdon, Oxon |New York (2014)
ISBN 10: 0415859360 ISBN 13: 9780415859363
New Hardcover Quantity Available: 10
Seller:
Blackwell's
(Oxford, OX, United Kingdom)
Rating
[?]

Book Description Taylor and Francis 2014-11-20, Abingdon, Oxon |New York, 2014. hardback. Condition: New. Seller Inventory # 9780415859363

More information about this seller | Contact this seller

Buy New
US$ 137.71
Convert currency

Add to Basket

Shipping: US$ 7.66
From United Kingdom to U.S.A.
Destination, rates & speeds

3.

Corbett, Jenny
Published by Routledge (2016)
ISBN 10: 0415859360 ISBN 13: 9780415859363
New Paperback Quantity Available: 1
Print on Demand
Seller:
Ria Christie Collections
(Uxbridge, United Kingdom)
Rating
[?]

Book Description Routledge, 2016. Paperback. Condition: New. PRINT ON DEMAND Book; New; Publication Year 2016; Not Signed; Fast Shipping from the UK. No. book. Seller Inventory # ria9780415859363_lsuk

More information about this seller | Contact this seller

Buy New
US$ 148.14
Convert currency

Add to Basket

Shipping: US$ 4.94
From United Kingdom to U.S.A.
Destination, rates & speeds

4.

CORBETT, JENNY; YING, XU
Published by Routledge (2014)
ISBN 10: 0415859360 ISBN 13: 9780415859363
New Hardcover Quantity Available: 1
Seller:
Herb Tandree Philosophy Books
(Stroud, GLOS, United Kingdom)
Rating
[?]

Book Description Routledge, 2014. Hardback. Condition: NEW. 9780415859363 This listing is a new book, a title currently in-print which we order directly and immediately from the publisher. For all enquiries, please contact Herb Tandree Philosophy Books directly - customer service is our primary goal. Seller Inventory # HTANDREE0812870

More information about this seller | Contact this seller

Buy New
US$ 173.51
Convert currency

Add to Basket

Shipping: US$ 10.18
From United Kingdom to U.S.A.
Destination, rates & speeds

5.

Jenny Corbett, Ying Xu
Published by Routledge 2014-11-20 (2014)
ISBN 10: 0415859360 ISBN 13: 9780415859363
New Quantity Available: 5
Seller:
Chiron Media
(Wallingford, United Kingdom)
Rating
[?]

Book Description Routledge 2014-11-20, 2014. Condition: New. Brand new book, sourced directly from publisher. Dispatch time is 4-5 working days from our warehouse. Book will be sent in robust, secure packaging to ensure it reaches you securely. Seller Inventory # NU-TNFPD-00029673

More information about this seller | Contact this seller

Buy New
US$ 148.57
Convert currency

Add to Basket

Shipping: US$ 38.29
From United Kingdom to U.S.A.
Destination, rates & speeds

6.

Published by Taylor Francis Ltd, United Kingdom (2014)
ISBN 10: 0415859360 ISBN 13: 9780415859363
New Hardcover Quantity Available: 10
Print on Demand
Seller:
Book Depository International
(London, United Kingdom)
Rating
[?]

Book Description Taylor Francis Ltd, United Kingdom, 2014. Hardback. Condition: New. Language: English . Brand New Book ***** Print on Demand *****. Since the Asian Financial Crisis (AFC) of 1997-98 large current account surpluses have accumulated in the countries of Asia and the Pacific with corresponding deficits elsewhere. The sharp plunge in global trade volumes during the global financial crisis has highlighted the need for rebalancing -focussing more on domestic sources of economic growth than on exports in some Asian economies. One key objective of the book is to elucidate the economic structures and policies that give rise to current account surpluses and imbalances and consider what policy adjustments could change them. Another objective is to show the link between financial systems, financial integration and the transmission of economic shocks between countries. The book offers new dimensions to understand rebalancing and provides alternative and arguably more fundamental solutions to address imbalances. Rather than focusing on exchange rate misalignment, this book begins from the premise that the imbalances are a macroeconomic problem that reflects a mismatch between savings and investment in the surplus countries. Then, it examines exchange rate policies adopted by countries in the region and finds that part of the explanation for their currency strategy lies in their perceived need to build foreign exchange reserves to provide a buffer in case of instabilities. The book examines whether there are other possibilities for countries to insure against economic volatility by more actively and openly engaging with international capital markets. The studies show that closer financial integration, involving more open financial markets, with well-chosen partners, would be welfare-improving and should reduce the need for the counter-productive, self-insurance policies that result in foreign exchange accumulation. Seller Inventory # APC9780415859363

More information about this seller | Contact this seller

Buy New
US$ 221.57
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

7.

Published by Taylor Francis Ltd, United Kingdom (2014)
ISBN 10: 0415859360 ISBN 13: 9780415859363
New Hardcover Quantity Available: 10
Print on Demand
Seller:
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description Taylor Francis Ltd, United Kingdom, 2014. Hardback. Condition: New. Language: English . Brand New Book ***** Print on Demand *****.Since the Asian Financial Crisis (AFC) of 1997-98 large current account surpluses have accumulated in the countries of Asia and the Pacific with corresponding deficits elsewhere. The sharp plunge in global trade volumes during the global financial crisis has highlighted the need for rebalancing -focussing more on domestic sources of economic growth than on exports in some Asian economies. One key objective of the book is to elucidate the economic structures and policies that give rise to current account surpluses and imbalances and consider what policy adjustments could change them. Another objective is to show the link between financial systems, financial integration and the transmission of economic shocks between countries. The book offers new dimensions to understand rebalancing and provides alternative and arguably more fundamental solutions to address imbalances. Rather than focusing on exchange rate misalignment, this book begins from the premise that the imbalances are a macroeconomic problem that reflects a mismatch between savings and investment in the surplus countries. Then, it examines exchange rate policies adopted by countries in the region and finds that part of the explanation for their currency strategy lies in their perceived need to build foreign exchange reserves to provide a buffer in case of instabilities. The book examines whether there are other possibilities for countries to insure against economic volatility by more actively and openly engaging with international capital markets. The studies show that closer financial integration, involving more open financial markets, with well-chosen partners, would be welfare-improving and should reduce the need for the counter-productive, self-insurance policies that result in foreign exchange accumulation. Seller Inventory # APC9780415859363

More information about this seller | Contact this seller

Buy New
US$ 228.04
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

8.

Jenny Corbett
Published by Routledge (2014)
ISBN 10: 0415859360 ISBN 13: 9780415859363
New Quantity Available: > 20
Print on Demand
Seller:
Books2Anywhere
(Fairford, GLOS, United Kingdom)
Rating
[?]

Book Description Routledge, 2014. HRD. Condition: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # IQ-9780415859363

More information about this seller | Contact this seller

Buy New
US$ 217.01
Convert currency

Add to Basket

Shipping: US$ 11.49
From United Kingdom to U.S.A.
Destination, rates & speeds

9.

Published by Routledge
ISBN 10: 0415859360 ISBN 13: 9780415859363
New Hardcover Quantity Available: > 20
Seller:
BuySomeBooks
(Las Vegas, NV, U.S.A.)
Rating
[?]

Book Description Routledge. Hardcover. Condition: New. 288 pages. Dimensions: 0.0in. x 0.0in. x 0.0in.Since the Asian Financial Crisis (AFC) of 199798 large current account surpluses have accumulated in the countries of Asia and the Pacific with corresponding deficits elsewhere. The sharp plunge in global trade volumes during the global financial crisis has highlighted the need for rebalancingfocussing more on domestic sources of economic growth than on exports in some Asian economies. One key objective of the book is to elucidate the economic structures and policies that give rise to current account surpluses and imbalances and consider what policy adjustments could change them. Another objective is to show the link between financial systems, financial integration and the transmission of economic shocks between countries. The book offers new dimensions to understand rebalancing and provides alternative and arguably more fundamental solutions to address imbalances. Rather than focusing on exchange rate misalignment, this book begins from the premise that the imbalances are a macroeconomic problem that reflects a mismatch between savings and investment in the surplus countries. Then, it examines exchange rate policies adopted by countries in the region and finds that part of the explanation for their currency strategy lies in their perceived need to build foreign exchange reserves to provide a buffer in case of instabilities. The book examines whether there are other possibilities for countries to insure against economic volatility by more actively and openly engaging with international capital markets. The studies show that closer financial integration, involving more open financial markets, with well-chosen partners, would be welfare-improving and should reduce the need for the counter-productive, self-insurance policies that result in foreign exchange accumulation. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Hardcover. Seller Inventory # 9780415859363

More information about this seller | Contact this seller

Buy New
US$ 266.43
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

10.

Jenny Corbett, Xu Ying
Published by Routledge 2014-11-20 (2014)
ISBN 10: 0415859360 ISBN 13: 9780415859363
New Quantity Available: 5
Seller:
Chiron Media
(Wallingford, United Kingdom)
Rating
[?]

Book Description Routledge 2014-11-20, 2014. Condition: New. Brand new book, sourced directly from publisher. Dispatch time is 4-5 working days from our warehouse. Book will be sent in robust, secure packaging to ensure it reaches you securely. Seller Inventory # NU-ING-29786798

More information about this seller | Contact this seller

Buy New
US$ 232.02
Convert currency

Add to Basket

Shipping: US$ 38.29
From United Kingdom to U.S.A.
Destination, rates & speeds

There are more copies of this book

View all search results for this book