Asia in the Global Economy: Finance, Trade and Investment

Asia in the Global Economy: Finance, Trade and Investment

by Ramkishen S. Rajan, Sunil Rongala
     
 

ISBN-10: 9812705732

ISBN-13: 9789812705730

Pub. Date: 01/04/2008

Publisher: World Scientific Publishing Company, Incorporated

This book consists of 20 short essays on different dimensions of international economic policy with specific (though not exclusive) focus on Asia. Topics covered include: exchange rate regimes and reserve buildup in Asia; global macroeconomic imbalances; financial sector liberalization; international capital flows to and from Asia; infrastructure financing in

…  See more details below

Overview

This book consists of 20 short essays on different dimensions of international economic policy with specific (though not exclusive) focus on Asia. Topics covered include: exchange rate regimes and reserve buildup in Asia; global macroeconomic imbalances; financial sector liberalization; international capital flows to and from Asia; infrastructure financing in Asia; foreign direct investment (FDI) flows, production networks, manufacturing and outsourcing in Asia; the economic rise of China and India; and trade, financial and monetary regionalism in Asia. While the book covers important and often technical economic issues of contemporary policy relevance, it is written in a manner that is easily accessible to non-economists, including students of public policy, international affairs, international commerce and business, as well as policy-makers and interested observers.

Product Details

ISBN-13:
9789812705730
Publisher:
World Scientific Publishing Company, Incorporated
Publication date:
01/04/2008
Pages:
272
Product dimensions:
6.69(w) x 9.61(h) x 0.63(d)

Table of Contents

Preface and Acknowledgments     vii
Monetary and Exchange Rates Issues     1
Asia's Embarrassment of Riches: A Story of Prudence, Global Imbalances, and Some Good Old Fashioned Mercantilism     3
The Known Unknown: The Whopping US Current Account Deficit and Its Implications   Surabhi Jain     15
Will the US Dollar Remain "Top Dog"?: The Billion Dollar Question   Jose Kiran     25
A Central Banker's Holy Grail: Inflation-Targeting Frameworks with Reference to Asia   Tony Cavoli     37
Singapore's Currency Baskets and the Mantra of Competitiveness: The Importance of Real Exchange Rates     51
Financial Liberalization, Financial Crises and the Financing of Development     63
Barbarians at the Gates: Foreign Bank Entry in Asia     65
The Tobin Tax: A Panacea for Financial Crises?     77
International Capital Flows to Asia: The Never-Ending Magic Spigot?     87
Using Reserves to Finance Infrastructure in India: Will It Clear the Gridlock?     99
The Goldmine of Development Finance: Reassessing the Importance of Migrants' Remittances     111
Trade, Investment and the Rise of China and India     123
The "Do's and Don'ts" of Attracting Foreign Direct Investment     125
Chips from East Asia, Hardware from Southeast Asia, and Assembled inChina: Production Sharing and Trade in Asia     139
All Paths Lead to India: Do Other Asian Countries Pose a Challenge to Its Dominance in Services Outsourcing?   Sadhana Srivastava     149
The Rise of the Indian Manufacturing Sector: A True Underdog Story     159
Will the Big Tiger Leave Any Crumbs for the Little Dragons? China vs. Southeast Asia     175
Economic Regionalism in Asia     191
Embracing One's Neighbor: Redefining the Importance of India to ASEAN     193
Going It Alone: Singapore's Trade Strategy   Rahul Sen     203
ASEAN Economic Integration: Taking Care of Business     217
Uncooperative Cooperation: The Saga of Economic Cooperation in South Asia     229
Monetary and Financial Cooperation in Asia: More than Just Buzzwords?     243

Read More

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >