International finance in emerging markets: issues, welfare economics analyses and policy implications

The book ‘International Finance in Emerging Markets’ reviews contemporary issues in international monetary and financial economics in an emerging financialmarket using the example of Thailand. The book adopts the elements of new welfare economics and asymmetric information paradigms in analyzing those issues including financial liberalization, crisis, exchange rate determination, and domestic capital market reform. The book for the first time suggests a normative social approach for addressing the contemporary issues in international monetary and financial economics. It provides an example of a cutting edge research in international finance and monetary economics within a welfare economics framework. It also suggests some policy implications of the welfare economic analysis of international financial issues of an emerging market. INDICE: Introduction.- Part A: Literature Review - The Emerging Issues: Recent Issues in International Finance: A Literature Review; Overview of Thailand's Approach to Financial Liberalisation.- Part B: The Thai Experience: Analysis of Sequencing of Financial Liberalisation in Thailand; Capital Controls: Consequences of Financial Liberalisation; Exchange Rate Policy and Its Consequences.- Part C: Welfare Economies, Economic Theory and Policy: Review of Financial Liberalisation Theory and the Thai Crisis; A Cost Benefit Analysis Model for Globalisation: Some Social Welfare Implications of Thailand's Globalisation Process; Conclusion and Policy Implications.

• ISBN: 978-3-7908-2043-0
• Editorial: Physica
• Encuadernacion: Cartoné
• Páginas: 245
• Fecha Publicación: 01/06/2008
• Nº Volúmenes: 1
• Idioma: Inglés