Download or read book Contagion Monsoons and Domestic Turmoil in Indonesia written by Valerie Cerra and published by International Monetary Fund. This book was released on 2000-03 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This decade has witnessed currency crises in many parts of the world. The decade began with the ERM breakdown in 1992, followed by the Mexican crisis in 1994, which spread to Latin America. Yet, the magnitude of the 1997 crisis in South East Asia, which engulfed countries like Thailand, Indonesia, Malaysia, South Korea and the Philippines was unexpected by most observers. Indeed, Asia had been praised as a miracle for its outstanding growth performance since the late 1980s and early 1990s; some of the economies involved in the crisis had earned the title of Asian Tiger. These Asian economies were consistently praised for their openness, and the economies prospered as liberalization drives led to large inflows of capital.
Download or read book Bank Indonesia and the Crisis written by Soedradjad Djiwandono and published by Institute of Southeast Asian Studies. This book was released on 2005 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book is set to be a key document for those interested in Indonesia's recent economic and political history. There have been many unanswered questions about exactly how the regional currency crisis snowballed into a full-scale banking crisis in Indonesia, coupled with a total loss of credibility within a short time. This record by the official in the midst of the banking crisis, the ex governor of Bank Indonesia, gives a fuller and intriguing picture of the events, including the actions of President Soeharto, as well as a balanced account of the much criticised interventions by the International Monetary Fund. The author also analyses the lessons for monetary policy to avoid future such crisis. This is essential reading for economists and Indonesia watchers.
Download or read book Gus Dur and the Indonesian Economy written by Anthony L Smith and published by Institute of Southeast Asian Studies. This book was released on 2001 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of chapters on the Indonesian economy under Abdurrahman Wahid (popularly known as Gus Dur). Contributions come from many leading Indonesian commentators and practitioners of the past and present, and there are also chapters from representatives of international assistance agencies. The authors provide a mid-term assessment of the challenges facing Indonesia's economic development and suggestions for future directions. The themes covered are, inter alia, overall political and macroeconomic stability, bank and corporate restructuring, decentralization, corruption, and socio-economic trends. This book will be of interest to those wishing to assess the varying perspectives held by Indonesian officials and commentators, officials from multilateral agencies, and academics, in a single volume.
Download or read book Issues in Monetary Financial and Macroeconomic Adjustment Policies written by Stuart Sayer and published by John Wiley & Sons. This book was released on 2005-02-11 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of survey articles sheds light on crucial questions in the field of monetary, financial and macroeconomic policy. Applies rigorous economic theory and empirical analysis to important practical policy issues. Considers the role of the financial sector in economic development. Looks at why financial crises occur and how they can be avoided. Discusses the relationship between macroeconomic adjustment and poverty. Asks if low-inflation rate regimes are at risk from the ‘zero bound’ to nominal interest rates. Provides accessible overviews of recent research into these questions.
Download or read book European Economics and Politics in the Midst of the Crisis written by Panagiotis E. Petrakis and published by Springer Science & Business Media. This book was released on 2014-01-04 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an overview of the economics and politics implemented in the European Union and especially the Eurozone during the crisis of 2008-2012. Although it focuses on these four years, the analysis starts from the establishment of the European Union and covers the period up to the outbreak of the Cypriot banking crisis in mid-2013. The long-term creation of structural changes in European economics and politics is associated with a growth lag within the global economic environment dynamics. The economic and political consequences of the crisis and the development of new institutions will shape the future growth dynamics towards a Fragmented European Federation.
Download or read book IMF Staff Papers Volume 52 No 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2005-04-18 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first issue of IMF Staff Papers for 2005 contains 7 papers that discuss: whether output recovered after the Asian crisis; the value of a country's trading partners to its own economic growth; whether interdependence is a factor in understanding the spread of currency crises; can remittance payments from expatriates be a reliable source of capital for economic development?; total factor productivity; designing a VAT for the energy trade in Russia and Ukraine; and lastly, a discussion of the reasons for central bank intervention in ERM-I since 1993
Download or read book Operations and Service Management Concepts Methodologies Tools and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2017-11-30 with total page 1812 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizations of all types are consistently working on new initiatives, product lines, and workflows as a way to remain competitive in the modern business environment. No matter the type of project at hand, employing the best methods for effective execution and timely completion of the task is essential to business success. Operations and Service Management: Concepts, Methodologies, Tools, and Applications is a comprehensive reference source for the latest research on business operations and production processes. It examines the need for a customer focus and highlights a range of pertinent topics such as financial performance measures, human resource development, and business analytics, this multi-volume book is ideally designed for managers, professionals, students, researchers, and academics interested in operations and service management.
Download or read book Ten Crises written by Peter Montiel and published by Routledge. This book was released on 2013-12-17 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial crises are dramatic events. When they emerge, they tend to dominate the attention of the press and become the focus of policymakers. In one form or another, they have affected the lives of millions of people throughout the world. As references to 16th century Dutch tulips, 18th South Seas merchant ventures, or 1920s Florida real estate make clear, they have been around for a long time. At their worst, such as in the cases of the Great Depression or the current Great Recession, their effects have been felt worldwide, with the number of people affected counted into the billions. They have at times changed the course of history. This book analyses ten of the most important financial crises of the last thirty years. The specific crises covered in the book are the 1982 Chilean crisis, the 1992 ERM crisis, the 1994 Mexican crisis, the 1997 Asian crisis, the 1998 Russian crisis, the 1999 Brazilian crisis, the 1999 Ecuadorian crisis, the 2000 Turkish crisis, the 2002 Argentine crisis, and the 2008 crisis in Iceland. The set includes the most important emerging-market crises of the last three decades as well as two particularly informative advanced-country crises, the ERM crisis of 1992 and the Icelandic crisis of 2008. A separate chapter is devoted to each crisis, and a brief concluding chapter sums up some of the key lessons that I believe that we can draw from these events.
Download or read book Identifying International Financial Contagion written by Mardi Dungey and published by . This book was released on 2005 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tackles these factors theoretically, providing an intellectually satisfying framework for the understanding of financial contagion."--Jacket.
Download or read book Sovereign Risk and Financial Crises written by Michael Frenkel and published by Springer Science & Business Media. This book was released on 2004-08-11 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sovereign risk and financial crises play a key role in current international economic developments, particularly in the case of economic downturns. As the Asian economic crisis in the late 1990s revealed once again, financial crises are the rule rather than the exception in capitalist economies. The event also revealed that international public debt agreements are contingent claims. In a world of increasing economic interdependencies, the issues of financial crises and country defaults are of critical importance. This volume goes to the heart of the academic discussion on sovereign risk and financial crises by centering on quantitative-empirical aspects, evaluating prominent approaches, and by proposing new methods. Part I of the volume identifies key factors and processes that are central in analyzing sovereign risk while Part II focuses on the determinants and effects of financial crises.
Download or read book Did Output Recover From the Asian Crisis written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2003-03-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly after the crisis, there is evidence of permanent losses in the levels of output in all of the countries studied.
Download or read book Exchange Rate Economics written by Ronald MacDonald and published by Routledge. This book was released on 2007-03-12 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 2007. Exchange Rate Economics: Theories and Evidence is the second edition of Floating Exchange Rates: Theories and Evidence, and builds on the successful content and structure of the previous edition, but has been comprehensively updated and expanded to include additional literature on the determination of both fixed and floating exchange rates. Core topics covered include: • the purchasing power parity hypothesis and the PPP puzzle; • the monetary and portfolio-balance approaches to exchange rates; • the new open economy macroeconomics approach to exchange rates; and • the determination of exchange rates in target zone models and speculative attack models. Exchange Rate Economics: Theories and Evidence also includes extensive discussion of recent econometric work on exchange rates with a particular focus on equilibrium exchange rates and measuring exchange rate misalignment, as well as discussion on the non-fundamentals-based approaches to exchange rate behaviour, such as the market microstructure approach. The book will appeal to academics and postgraduate students with an interest in all aspects of international finance and will also be of interest to practitioners concerned with issues relating to equilibrium exchange rates and the forecastability of currencies in terms of macroeconomic fundamentals.
Download or read book Global Markets and Financial Crises in Asia written by H. Khan and published by Springer. This book was released on 2004-05-21 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Khan presents a theory of financial crises in the age of globalization from an evolutionary perspective and suggests policies that may be necessary for averting or managing new financial crises. Starting with the Asian financial crises, he identifies new types of financial crises that result from a combination of liberalization, weak domestic institutions for economic governance and a chaotic global market system without global governance institutions. Suggested solutions involve building new institutions for global and domestic governance and domestic and international policy reforms.
Download or read book Financial Crises in Emerging Markets written by Reuven Glick and published by Cambridge University Press. This book was released on 2001-04-23 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume analyze causes of financial crises in emerging markets and different policy responses.
Download or read book Trade Liberalisation Impact On Growth And Trade In Developing Countries written by Ashok Parikh and published by World Scientific Publishing Company. This book was released on 2007-06-04 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is one of few books on the quantitative assessment of trade liberalisation and its impact on micro and macro economics structure in developing countries. Addressing the prospects of economic growth at a macro level, gives a thorough analysis of various issues such as profitability of enterprises after liberalisation, structural change, imports and exports by sectors and regions, and the trade balances of developing countries. The aspects of terms of trade and the trade balances in African, Latin American and Asian economies are studied using econometric techniques.
Download or read book Mini Hydropower for Rural Development written by Thomas Meier and published by LIT Verlag Münster. This book was released on 2001 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rural electrification enjoys high priority on Indonesia's development agenda. In remote villages located beyond the reach of national electricity grids, mini hydropower offers an environmentally friendly alternative to decentralized electricity generation. Technical assistance programs have successfully introduced mini hydro technology in developing countries but have often failed to attain sustainable plant operation. This book provides insight into the multifaceted conditions under which village communities are struggling to keep systems running. A new approach linking productive electricity use and mini hydro operation is developed which incorporates experiences of market-oriented approaches in small enterprise development. Village communities are no longer left alone after the commissioning of the plants but are continuously provided need-oriented services. The study is exceptional in that the approach is experimentally applied in an actual project involving a village-owned coffee roastery. It is shown that the new approach not only contributes to a sustainable electricity supply but also to village development.
Download or read book Economic Disasters of the Twentieth Century written by Michael J. Oliver and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: The First and Second World Wars, the great depression, oil shocks, inflation, financial crises, stock market crashes, the collapse of the Soviet command economy and Third World disasters are discussed in this comprehensive book. The contributors subject these disasters to in-depth assessment, carefully considering their costs and impact on specific countries and regions, as well as assessing them in a global context. The book examines the legacy of economic disasters and asks whether economic disasters are avoidable or whether policymakers can learn from their mistakes.
