Emerging Asia: Essays on Crises, Capital Flows, FDI and Exchange Rates

Front Matter....Pages i-xiii
Front Matter....Pages 1-1
Booms and Busts in Private Capital Flows to Emerging Asia since the 1990s....Pages 3-8
Asia As a Source of Capital....Pages 9-16
Will the US Dollar Remain the Single Global Currency?....Pages 17-21
Exchange Rate Regimes in Asia....Pages 22-25
East Asia and the Real Exchange Rate....Pages 26-30
Front Matter....Pages 31-31
The Problem with Exchange Rate Volatility....Pages 33-36
Capital Controls: No Longer Unorthodox....Pages 37-42
Reconsidering the Tobin Tax....Pages 43-48
Sovereign Debt Defaults: Concerns and Lessons....Pages 49-53
Banking Sector Internationalisation in Asia....Pages 54-59
Front Matter....Pages 61-61
The Global Financial Crisis of 2008–2009: Implications for Emerging Asia....Pages 63-67
Sequencing of Regional Cooperation in Asia: The Real and Financial Dimensions....Pages 68-74
Revisiting Asian Monetary and Financial Cooperation....Pages 75-79
The Idea and Reality of the Asian Currency Unit (ACU)....Pages 80-84
Asia in the G20: Monetary and Financial Considerations....Pages 85-88
Front Matter....Pages 89-89
The Global Financial Crisis and the Bank Lending Channel....Pages 91-98
Macroeconomic Management during a Period of Plenty in India....Pages 99-103
Post-Global Financial Crisis: Heating Up of the Inflation Debate in India....Pages 104-111
India’s International Reserves: How Diversified?....Pages 112-115
The Importance of Remittances in India and South Asia....Pages 116-122
Front Matter....Pages 123-123
Foreign Portfolio versus Foreign Direct Investment Flows: Are They So Different?....Pages 125-127
Intra-Asian Foreign Direct Investment Flows....Pages 128-136
Revisiting India’s Foreign Direct Investment Numbers....Pages 137-144
Attracting Foreign Direct Investment: The Role of Financial and Fiscal Incentives....Pages 145-149
Global Competition for Foreign Direct Investment and Investment Promotion....Pages 150-154
Back Matter....Pages 155-175