Economic Management in a Volatile Environment: Monetary and Financial Issues

PART I: EXCHANGE RATES, RESERVES AND CONTROLS 1. What is the Extent of Monetary Sterilisation in China? (With A. Ouyang and T.D. Willett) 2. What Determines Real Exchange Rate Fluctuations? (With A. Ouyang) 3. What is the Impact of Capital Controls? (With J. Li) 4. Can International Currency Taxation Stabilise Currency Fluctuations? (With G. Bird) 5. Why Do Countries Accumulate International Reserves? (With V. Yanamandra) PART II: FINANCIAL CRISES, FINANCIAL LIBERALISATION AND FOREIGN BANK ENTRY 6. Comparing Financial Crises: What Lessons for Asia from the Eurozone Crisis? 7. Financial Liberalisation and Foreign Bank Entry: What is the Nexus? 8. Do Foreign Banks Enhance Banking System Efficiency? 9. How Do Foreign Banks Affect Firms' Access to Credit? 10. Why Do Banks Go Abroad?... Mehr