Global Financial Markets: Issues and Strategies

Contents......Page 6
Foreword......Page 8
Introduction......Page 10
Acknowledgments......Page 14
1 Agiotage and Arbitrage: Could They Work for an Investor in Asian Financial Crisis?......Page 16
2 Financial Liberalization, Emerging Stock Market Efficiency, and Currency Crisis......Page 28
3 Political Risk in Taiwan: Valuing the Doubly Stochastic China Factor......Page 36
4 Foreign Exchange Rate Exposure during a Financial Crisis: The Case of Malaysian Multinationals......Page 48
5 Impact of Globalization on Capital Markets: The Egyptian Case......Page 60
6 Optimization, Temporary Inefficiencies, and Profitability of Technical Trading Rules in Currency Markets......Page 82
7 Analyzing the Asian Crisis: Was It Really a Surprise?......Page 100
8 Banking and Regulatory Reform in Postcrisis Asia......Page 120
9 Bank Operating Strategies and Impact of Crisis: The Malaysian Case......Page 136
10 Persistent Dependence in Foreign Exchange Rates? A Reexamination......Page 168
11 Transfer Pricing and Investment Incentives: Asian and North American Linkages......Page 180
12 Money, Exchange Rates, and Inflation: Evidence from Malaysia......Page 192
13 Impact of Pegging on Malaysian Ringgit after the Onset of the Asian Financial Crisis in July 1997......Page 202
14 Optimum Currency Area: Euro as a Practical Paradigm?......Page 220
15 Asian Financial Crisis: Whence and Whither?......Page 250
A......Page 264
B......Page 265
D......Page 266
E......Page 267
G......Page 268
I......Page 269
L......Page 270
M......Page 271
O......Page 272
R......Page 273
S......Page 274
U......Page 275
Y......Page 276
About the Editors and Contributors......Page 278