Managing Capital Flows in Asia: Policy Issues and Challenges
While capital inflows can provide emerging market economies with invaluable benefits in pursuing economic development and growth, they can also pose serious policy challenges for macroeconomic management and financial sector supervision, as has been experienced by emerging Asian economies in recent years. This policy brief describes the patterns of capital flows in and their impact on emerging Asian economies and discusses possible policy measures to manage surges in capital inflows while remaining consistent with the goals of macroeconomic and financial sector stability. It suggests options for workable national policies and regional policy cooperation, particularly in exchange rate management.
|
The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.
|
Download this Paper/Presentation [ PDF 225.1KB | 28 pages ].
Post a Comment | We welcome your feedback on this publication. Post a comment. ADBI is not obliged to acknowledge or publish comments and may abridge or edit them before web posting. |
Comment(s)
There are [0] comment(s) for this entry. Post a comment.
|