Arbeitspapier

What lessons have been learnt since the East Asian Crisis in 1997/98? CIBS, capital flows and exchange rates

This paper discusses the movement of capital flows to and from the exchange rate regimes and monetary policies of China, India, Brazil, and South Africa (CIBS). Furthermore, we compare the level of financial stability, and the composition and duration of capital flows of the countries on a policy level according to the - third generation crisis models'; following which the East Asian Crisis of 1997/98 linkages between the corporate and financial sectors, and foreign short-term debt are given further attention. The paper concludes by comparing all four countries and analysing possible risks in CIBS financial systems.

ISBN
978-92-9230-127-9
Language
Englisch

Bibliographic citation
Series: WIDER Research Paper ; No. 2008/73

Classification
Wirtschaft
Current Account Adjustment; Short-term Capital Movements
International Financial Markets
Economic History: Financial Markets and Institutions: General, International, or Comparative
Subject
international financial markets
financial stability
capital flows
exchange rates
China
India
Brazil
South Africa
Internationaler Finanzmarkt
Finanzmarktkrise
Kapitalmobilität
Wechselkurssystem
Geldpolitik
China
Indien
Brasilien
Südafrika

Event
Geistige Schöpfung
(who)
Pircher, Marion
Event
Veröffentlichung
(who)
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
(where)
Helsinki
(when)
2008

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Pircher, Marion
  • The United Nations University World Institute for Development Economics Research (UNU-WIDER)

Time of origin

  • 2008

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