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Titlebook: International Finance in Emerging Markets; Issues, Welfare Econ Songporn Hansanti,Sardar M. N. Islam,Peter Sheehan Book 2008 Physica-Verlag

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書目名稱International Finance in Emerging Markets
副標題Issues, Welfare Econ
編輯Songporn Hansanti,Sardar M. N. Islam,Peter Sheehan
視頻videohttp://file.papertrans.cn/472/471546/471546.mp4
概述Includes supplementary material:
叢書名稱Contributions to Economics
圖書封面Titlebook: International Finance in Emerging Markets; Issues, Welfare Econ Songporn Hansanti,Sardar M. N. Islam,Peter Sheehan Book 2008 Physica-Verlag
描述This book reviews the contemporary issues in international monetary and financial economics (such as financial liberalisation, crisis, exchange rate determination, capital control, domestic capital market reform, etc.) in an emerging financial market such as Thailand from a welfare economic p- spective, highlighting the social welfare implications of these issues. This 3 book also suggests a normative social approach (as formalised in the new welfare economics paradigm) (see Islam 2001a,b for a discussion of this ; concept) for analysing and addressing these issues and formulating appr- riate policies. Undertaking the above tasks, the asymmetric information paradigm 3 and other elements of the new welfare economics paradigm are adapted in analysing the international financial issues of Thailand, their causes and economic and social welfare consequences. The last two decades have been a critical period for Thailand’s dev- opment. From the mid-1980s to the beginning of the 1990s, the Thai economy performed remarkably well and was a showcase for the world economy. Having achieved a double-digit growth rate for a brief period, Thailand in the late 1980s was regarded as the fastest grow
出版日期Book 2008
關(guān)鍵詞Asia; Development; Emerging Markets; Finance; Financial Market; Thailand
版次1
doihttps://doi.org/10.1007/978-3-7908-2044-7
isbn_softcover978-3-7908-2555-8
isbn_ebook978-3-7908-2044-7Series ISSN 1431-1933 Series E-ISSN 2197-7178
issn_series 1431-1933
copyrightPhysica-Verlag Heidelberg 2008
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Recent Issues in International Finance: A Literature Reviewsible cause of financial crisis. The rest of this chapter is organised as follows. Section 2.2 provides an overview and review of literature on the sequence and order of financial liberalisation. Section 2.3 reviews capital controls, and focuses on two types of controls, namely, controls on capital
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Exchange Rate Policy and Its Consequences2000). In most cases, the choice of exchange policy can be varied from one to another depending on the countries’ economic policies and conditions (Collignon et al. 1999). In the case of Thailand, the fixed or pegged exchange rate had been in use since 1955. Later, this was replaced by a new system
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