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Titlebook: Central Banking and Financial Stability in East Asia; Frank Rövekamp,Moritz Bälz,Hanns Günther Hilpert Book 2015 Springer International Pu

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楼主: chondrocyte
发表于 2025-3-28 14:59:47 | 显示全部楼层
Book 2015resort and analyzes challenges to financial stability such as shadow banking and the choice of exchange rate regimes. Case studies from China, Japan and Indonesia are contrasted with experiences from Europe.  
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https://doi.org/10.1007/978-3-642-57494-8der to put the contributions in this volume into perspective and to draw tentative conclusions on the state of financial stability in East Asia: while there are no signs that a financial crisis is imminent, the task of preserving stability remains nonetheless arduous.
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Central Bank Independence in Times of High Fiscal Risk: The Case of Japan,us relation between price stability and fiscal, as well as financial system, stability comes to an end. Price stability may still be maintained as long as fiscal consolidation is synchronised with the reduction in the non-public sector’s saving-investment balance.
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Externally Imposed Financial Repression, Conflicted Internationalisation of the Renminbi and Externenminbi. With exchange-rate stability being seen as an important determinant of macroeconomic stability and growth in China (and East Asia), domestic-wage increases are proposed in order to reduce the appreciation pressure on the Chinese currency.
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Book 2015since the Asian crisis of 1997/98, which still looms large in the collective memory of the affected countries. The global crisis, which had its starting point in 2007, only served to exacerbate this concern. Safeguarding financial stability is therefore a major goal of any country in the region. Div
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