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Item Details
Title:
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VOLATILE CAPITAL FLOWS IN KOREA
CURRENT POLICIES AND FUTURE RESPONSES |
By: |
Kyuil Chung (Editor), Soyoung Kim (Editor), Hail Park (Editor) |
Format: |
Electronic book text |
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List price:
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£75.00 |
We believe that this item is permanently unavailable, and so we cannot source
it.
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ISBN 10: |
1137368764 |
ISBN 13: |
9781137368768 |
Publisher: |
PALGRAVE MACMILLAN |
Pub. date: |
17 December, 2014 |
Description: |
Volatility in Korean Capital Markets summarizes the Korean experience of volatile capital flows, analyzes the economic consequences, evaluates the policy measures adopted, and suggests new measures for the future. |
Synopsis: |
Following on the heels of the devastating Asian Contagion of 1997, Korea went through a painful restructuring process and adopted a new international policy framework based on prescriptions for enhancing macroeconomic performance under free capital mobility. The country also accumulated a huge amount of foreign exchange reserves. Yet in spite of these efforts, Korean capital markets suffered tremendous turmoil during the global financial crisis. Volatile Capital Flows in Korea summarizes the Korean experience of volatile capital flows, analyzes the economic consequences, evaluates the policy measures adopted, and suggests new measures for the future. This edited collection examines how volatile capital flows have affected the macro economy and financial markets in Korea. The editors evaluate key crisis prevention policies adopted before the global financial crisis and discuss problems in the FX swap and cross-currency swap markets. This cutting-edge work features two of the macro-prudential measures adopted in recent years, and suggests long-term indicators for improving the resilience of the Korean financial system. |
Illustrations: |
12 black & white illustrations, 107 graphs, 29 black & white tables |
Publication: |
UK |
Imprint: |
Palgrave Macmillan |
Returns: |
Non-returnable |
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