Surging capital flows to emerging Asia : facts, impacts, and responses /

Saved in:
Bibliographic Details
Imprint:[Washington, D.C.] : International Monetary Fund, ©2012.
Description:1 online resource (28 pages) : illustrations.
Language:English
Series:IMF working paper ; WP/12/130
IMF working paper ; WP/12/130.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12500245
Hidden Bibliographic Details
Other authors / contributors:Balakrishnan, Ravi, author.
International Monetary Fund. Asia and Pacific Department, issuing body.
ISBN:9781475541830
147554183X
9781475503821
1475503822
Notes:Title from PDF title page (IMF Web site, viewed May 31, 2012).
"Asia and Pacific Department."
"May 2012."
Includes bibliographical references.
Summary:Net capital flows to emerging Asia rebounded at a record pace following the global financial crisis, raising concerns about overheating and financial stability. This paper documents the size and composition of the most recent surge to Asian emerging markets from a historical perspective and compares developments in the broader economy, asset prices, and corporate variables across the different episodes of strong inflows. We find little evidence of a significant build-up of imbalances and resource misallocation during the most recent surge. We also review country experiences in managing the risks associated with inflows and argue that Asian countries have used regulatory measures during past surges, although there is not strong evidence of their efficacy without supporting monetary and fiscal policies.
Other form:Print version: Nowak, Sylwia. Surging Capital Flows to Emerging Asia: Facts, Impacts, and Responses. Washington : International Monetary Fund, ©2012 9781475503821

MARC

LEADER 00000cam a2200000Ia 4500
001 12500245
006 m o d
007 cr |||||||||||
008 120531s2012 dcuad ob i000 0 eng d
005 20240822221637.8
019 |a 800006916  |a 870244880  |a 1107335771  |a 1148065591  |a 1202541459 
020 |a 9781475541830 
020 |a 147554183X 
020 |a 9781475503821 
020 |a 1475503822  |q (Trade Paper) 
035 9 |a (OCLCCM-CC)794553925 
035 |a (OCoLC)794553925  |z (OCoLC)800006916  |z (OCoLC)870244880  |z (OCoLC)1107335771  |z (OCoLC)1148065591  |z (OCoLC)1202541459 
037 |b 00013468 
040 |a DJB  |b eng  |e pn  |c DJB  |d CUS  |d MYG  |d OCLCA  |d OCLCF  |d E7B  |d OCLCO  |d YDXCP  |d OCLCQ  |d EBLCP  |d CUS  |d OCLCQ  |d MERUC  |d CEF  |d AU@  |d OCLCQ  |d VT2  |d OCLCQ  |d OCLCO 
043 |a a------  |a d------ 
049 |a MAIN 
050 4 |a HG5701  |b .S87 2012eb 
050 4 |a HG3881.5.I58  |b W67 No. 12/130eb 
245 0 0 |a Surging capital flows to emerging Asia :  |b facts, impacts, and responses /  |c prepared by Ravi Balakrishnan [and others]. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c ©2012. 
300 |a 1 online resource (28 pages) :  |b illustrations. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF working paper ;  |v WP/12/130 
500 |a Title from PDF title page (IMF Web site, viewed May 31, 2012). 
520 3 |a Net capital flows to emerging Asia rebounded at a record pace following the global financial crisis, raising concerns about overheating and financial stability. This paper documents the size and composition of the most recent surge to Asian emerging markets from a historical perspective and compares developments in the broader economy, asset prices, and corporate variables across the different episodes of strong inflows. We find little evidence of a significant build-up of imbalances and resource misallocation during the most recent surge. We also review country experiences in managing the risks associated with inflows and argue that Asian countries have used regulatory measures during past surges, although there is not strong evidence of their efficacy without supporting monetary and fiscal policies. 
504 |a Includes bibliographical references. 
500 |a "Asia and Pacific Department." 
500 |a "May 2012." 
505 0 |a Cover; Contents; I. Introduction; Figures; 1. EmergingAsia: Net Private Capital Flows; II. Capital Flows across Episodes: The Facts; 2. Drivers of Inflows; A. Identifuing Surges of Capital Inflows to Asia; 3. Distribution of Capital Inflows Episodes; Tables; 1. Episodes of Large Net Private Capital Inflows -- Summary Statistics; 4. Emerging Asia: Net Private Capital Flows; 5. Emerging Asia: Average Net Private Capital Flows during Episodes; B. Volatility and Financial Depth; 6. Emerging Asia: Volatility of Net Ptivate Capital Flows by Flow Type and Recipient Economies. 
505 8 |a 7. Foreign Holdings of Local Government BondsIII. Broader Economic and Asset Valuation Patterns across Time; A. Macroeconomic Dynamics around Surges; 8. Cumulative Gross Capital Inflows in 2010:Q1-2011:Q2 to Financial Depth; 9. Emerging Asia: Macroeconmics Dynamics around Surges; 10. Emerging Asia: Exchange Market Pressure Index; 11. Real Effective Exchange Rate; 12. Selected Asia: 10-Year Bond Spreads; 2a. Financial Indicators across Episodes of Large Net Capital Flows to Emerging Asia; 2b. Corporate Indicators across Episodes of Large Net Capital Flows to Emerging Asia. 
505 8 |a IV. Capital Flow Management Measures13. Indonesia and Thailand: Capital Flows; V. Conclusion; 3. Selected Asia: Impact of Macroprudential Measures; References. 
650 0 |a Capital movements  |z Asia  |x Econometric models. 
650 0 |a Capital movements  |z Developing countries  |x Econometric models. 
650 6 |a Mouvements de capitaux  |z Asie  |x Modèles économétriques. 
650 7 |a Capital movements  |x Econometric models.  |2 fast  |0 (OCoLC)fst00846376 
651 7 |a Asia.  |2 fast  |0 (OCoLC)fst01240495 
651 7 |a Developing countries.  |2 fast  |0 (OCoLC)fst01242969 
655 4 |a Electronic books. 
700 1 |a Balakrishnan, Ravi,  |e author.  |0 http://id.loc.gov/authorities/names/nr2002042218 
710 2 |a International Monetary Fund.  |b Asia and Pacific Department,  |e issuing body.  |0 http://id.loc.gov/authorities/names/no97006778 
776 0 8 |i Print version:  |a Nowak, Sylwia.  |t Surging Capital Flows to Emerging Asia: Facts, Impacts, and Responses.  |d Washington : International Monetary Fund, ©2012  |z 9781475503821 
830 0 |a IMF working paper ;  |v WP/12/130.  |0 http://id.loc.gov/authorities/names/no89010263 
856 4 0 |u http://elibrary.imf.org/view/journals/001/2012/130/001.2012.issue-130-en.xml  |y INTERNATIONAL MONETARY FUND 
929 |a oclccm 
999 f f |i 47c32a01-9663-5370-8a2e-7732d9aa3714  |s ee3676dc-ac8a-5973-884a-8135b1c1759d 
928 |t Library of Congress classification  |a HG5701.S87 2012eb  |l Online  |c UC-FullText  |u http://elibrary.imf.org/view/journals/001/2012/130/001.2012.issue-130-en.xml  |z INTERNATIONAL MONETARY FUND  |g ebooks  |i 12144413