Exchange Rates and Foreign Direct Investment in Emerging Asia

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Author_Ramkishen Rajan
Bilateral FDI Flow
capital flow management
Category=GTM
Category=KCB
Category=KCL
Category=KCM
Category=KFFM
Category=KJ
causality
Common Language
conditions
determinants of Asian FDI flows
Domestic Financial Conditions
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
fdi
FDI Data
FDI Flow
FDI Inflow
FDI Outflow
Fix Effect OLS
flexibility
flow
global
granger
greater
IMF's International Financial Statistics
IMF’s International Financial Statistics
Incomplete ERPT
inflation pass-through
inflow
liquidity
Low ERPT
macroeconomic policy Asia
Monetary Reaction Function
Monetary Sterilisation
Net FDI Inflow
portfolio investment comparison
Pr Ic
regional financial integration
Short Term Policy Interest Rates
Si Te
small open economies
Sterilisation Coefficients
Taiwan's Central Bank
Tamil Nadu
Total OFDI
UNCTAD Data
UNCTAD FDI
Va Ri

Product details

  • ISBN 9780415682053
  • Weight: 600g
  • Dimensions: 156 x 234mm
  • Publication Date: 16 Dec 2011
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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With the rapid growth of China and India and the resurgence of Southeast Asia post-1997–8, emerging Asia has once again become one of the most dynamic regions in the world. This dynamism has in turn been fuelled largely by a carefully calibrated embracement of economic openness to international trade, investments and capital flows. While much has been written about international trade, there has been somewhat less work on the issue of capital flows, macroeconomic management and foreign direct investment (FDI) to and from the region, a gap that this book attempts to fill.

The book is divided into two parts. The first part deals with selected issues pertaining to macroeconomic management in small and open economies, with particular focus on exchange rates. The second part of the book deals with the trends and determinants of FDI in emerging Asia, its importance as a source of finance, its impact on growth and development, and the nexus between FDI and foreign portfolio flows (FPI).

Overall, the chapters in this book tackle important policy issues of contemporary relevance, but are informed by analytical frameworks, data and empirics. While each of the topic areas chosen in individual chapters is intentionally narrow, the book as a whole covers a number of areas and countries/regions within Asia (i.e. East, Southeast and South Asia). While the chapters have been written in a manner that can stand up to academic scrutiny, they are also meant to be accessible to policy makers, researchers and others who might be interested in FDI and related issues in Asia.

Ramkishen S. Rajan is Visiting Professor at the Lee Kuan Yew School of Public Policy, National University of Singapore and Professor of Public Policy and International Economic Policy at George Mason University (GMU) in Virginia. He is also Visiting Senior Research Fellow and joint coordinator of the Regional Economic Studies Program at the Institute of Southeast Asian Studies (ISEAS) in Singapore.

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