Macro-Financial Linkages in the Pacific Region
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This book explains why the difference between emerging economies in East Asia and other emerging economies such as Brazil, India has been widening since the late 1990s. It suggests facts that have strengthened the resilience of these emerging economies in East Asia against the Global Financial Crisis along with the intensified intra-regional economic integration through trade and investment. It also examines their macroeconomic management focusing on monetary policy regimes and suggests that their factual unorthodox policies with exchange rate management and capital controls have contributed…mehr

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Produktbeschreibung
This book explains why the difference between emerging economies in East Asia and other emerging economies such as Brazil, India has been widening since the late 1990s. It suggests facts that have strengthened the resilience of these emerging economies in East Asia against the Global Financial Crisis along with the intensified intra-regional economic integration through trade and investment. It also examines their macroeconomic management focusing on monetary policy regimes and suggests that their factual unorthodox policies with exchange rate management and capital controls have contributed to their resilience against the intrinsic volatility of the international capital market and financial flows.
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Autorenporträt
Akira Kohsaka has been affiliated with School of International Studies, Kwansei Gakuin University, Nishinomiya, Japan, since 2011. He received his PhD in Economics at Stanford University in 1984. He had worked for Institute of Developing Economies, Tokyo (1975-88), Kyoto University (1988-94) and Osaka University (1994-2011). His major research fields include international economics and development economics. he had also taken on other roles such as President of East Asian Economic Association (2012-), the editor of Asian Economic Journal (2001-2006), and international steering committee member of Pacific Forum for Trade and Development (PAFTAD) (1998-).