This paper examines the relative effectiveness of bailouts and capital controls in the context of financial\ud crisis experienced by Malaysia and Indonesia in 1997-98. Using a financial pressure index (FPI) similar\ud to that of Kaplan and Rodrik (2001), the paper shows that financial pressure can be effectively and\ud immediately released through capital control measures. Capital controls, therefore, provide the economy\ud with breathing space necessary to implement the required economic policy changes. Overall capital\ud controls can act as circuit breakers in today’s global financial environment, hence they can be\ud considered as effective tools to deal with financial crises
The last decade has witnessed three distinct crises: 1992-93 European crisis, 1994-95 Mexican crisis...
The last decade has witnessed three distinct crises: 1992-93 European crisis, 1994-95 Mexican crisis...
Thesis (M.A.)--University of Kansas, International Studies, 2007.The East Asian Financial crisis hig...
This paper contributes to the debate on the use of temporary controls on capital outflows as a crisi...
The severity of the Asian financial crisis of 1997-98 had induced Thailand, South Korea, and Indones...
During the current global crisis, many developing economies introduced various forms of capital cont...
Malaysian authorities implemented controls on international capital flows late in the Asian crisis, ...
Capital inflows, especially when volatile and in foreign currencies, lead to macroeconomic and finan...
Capital inflows, especially when volatile and in foreign currencies, lead to macroeconomic and finan...
Historical evidence relevant both to political economics and macroeconomics in the financial crises ...
This paper examines the role of capital controls as a macroeconomic policy tool in light of the Mala...
In 1998 and 1999, following the East Asian financial crisis, Malaysia imposed a set of constraints a...
In 1998 and 1999, following the East Asian financial crisis, Malaysia imposed a set of constraints a...
Historical evidence relevant both to political economics and macroeconomics in the financial crises ...
The last decade has witnessed three distinct crises: 1992-93 European crisis, 1994-95 Mexican crisis...
The last decade has witnessed three distinct crises: 1992-93 European crisis, 1994-95 Mexican crisis...
The last decade has witnessed three distinct crises: 1992-93 European crisis, 1994-95 Mexican crisis...
Thesis (M.A.)--University of Kansas, International Studies, 2007.The East Asian Financial crisis hig...
This paper contributes to the debate on the use of temporary controls on capital outflows as a crisi...
The severity of the Asian financial crisis of 1997-98 had induced Thailand, South Korea, and Indones...
During the current global crisis, many developing economies introduced various forms of capital cont...
Malaysian authorities implemented controls on international capital flows late in the Asian crisis, ...
Capital inflows, especially when volatile and in foreign currencies, lead to macroeconomic and finan...
Capital inflows, especially when volatile and in foreign currencies, lead to macroeconomic and finan...
Historical evidence relevant both to political economics and macroeconomics in the financial crises ...
This paper examines the role of capital controls as a macroeconomic policy tool in light of the Mala...
In 1998 and 1999, following the East Asian financial crisis, Malaysia imposed a set of constraints a...
In 1998 and 1999, following the East Asian financial crisis, Malaysia imposed a set of constraints a...
Historical evidence relevant both to political economics and macroeconomics in the financial crises ...
The last decade has witnessed three distinct crises: 1992-93 European crisis, 1994-95 Mexican crisis...
The last decade has witnessed three distinct crises: 1992-93 European crisis, 1994-95 Mexican crisis...
The last decade has witnessed three distinct crises: 1992-93 European crisis, 1994-95 Mexican crisis...
Thesis (M.A.)--University of Kansas, International Studies, 2007.The East Asian Financial crisis hig...