Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows ((NBER) National Bureau of Economic Research East Asia Seminar on Economics) (National Bureau of Economic Research - East Asia Seminar on Economics)

by Takatoshi Ito and Anne O. Krueger

Takatoshi Ito (Editor) and Anne O. Krueger (Editor)

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This volume explores East Asia's macroeconomic experience in the 1980s and the economic impact of East Asia's growth on the rest of the world. The authors explore the causes of capital flows, changes in trade balances, and exchange-rate fluctuations in East Asia and their effects on other countries. These 14 papers are organized around four themes: the overall determinants of growth and trading relations in the East Asian region; monetary policies in relation to capital controls and capital accounts; the impact of exchange-rate behaviour on industrial structure; and the potential for greater regional integration. The contributors examine interactions among exchange-rate movements, trade balances and capital flows; how government monetary policy affects capital flows; the effect of exchange rates on industrial structure, inventories, and prices; and the extent of regional integration in East Asia.
  • ISBN10 0226386694
  • ISBN13 9780226386690
  • Publish Date 20 March 1994
  • Publish Status Active
  • Publish Country US
  • Imprint University of Chicago Press