Managing Elevated Risk Global Liquidity, Capital Flows, and Macroprudential Policy—An Asian Perspective /
This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the region through improved financial regulation and other policy...
-д хадгалсан:
Үндсэн зохиолчид: | , |
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Байгууллагын зохиогч: | |
Формат: | Цахим Цахим ном |
Хэл сонгох: | англи |
Хэвлэсэн: |
Singapore :
Springer Singapore : Imprint: Springer,
2015.
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Нөхцлүүд: | |
Онлайн хандалт: | http://dx.doi.org/10.1007/978-981-287-284-5 |
Шошгууд: |
Шошго нэмэх
Шошго байхгүй, Энэхүү баримтыг шошголох эхний хүн болох!
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Агуулга:
- Contents
- Foreword
- Chapter 1: Introduction and Overview
- Chapter 2: The Three Phases of Global Liquidity
- 2.1: Conceptual and Measurement Issues
- 2.2: First Phase of Global Liquidity
- 2.2.1: Round-trip Bank Flows to the US
- 2.2.2: Banking Sector Flows to the Rest of the World
- 2.2.3: Exchange Rates and Leverage
- 2.3: Second Phase of Global Liquidity
- 2.4: The Case of Emerging Asia
- 2.5: Third Phase and Onward
- 2.6: References
- Chapter 3: Early Warning Indicators for Financial Vulnerabilities
- 3.1: Principles for Selection of Early Warning Indicators
- 3.2: Core and Noncore Liabilities
- 3.3: References
- Chapter 4: Emerging Asia’s Noncore Liabilities and Policy Effectiveness
- 4.1: Bank-led Flows, Noncore Liabilities, and Credit Growth
- 4.2: Reassessing Monetary Policy
- 4.3: Appendix
- 4.4: References
- Chapter 5: Capital Flows and Income Distribution
- 5.1: National Policy Remains Key
- 5.2: How Capital Flows Affect Income Inequality
- 5.3: Prioritization for a Multi-Objective Goal
- 5.4: Appendix
- 5.5: References
- Chapter 6: Policy Implications
- 6.1 Tailoring Policies to Vulnerabilities
- 6.2 Macroprudential Tools
- 6.2.1 Bank Capital-Oriented Tools
- 6.2.1.1 Capital Requirements that Adjust Over the Cycle
- 6.2.1.2 Forward-Looking Provisioning
- 6.2.1.3: Leverage caps
- 6.2.1.4: Loan-To-Value and Debt-Service-To-Income Caps
- 6.2.1.5: Loan-to-Deposit caps
- 6.2.1.6: Levy on Noncore Liabilities
- 6.2.1.7: Unremunerated Reserve Requirements
- 6.2.2: Relative Merits of URR versus Levies/Taxes
- 6.2.3: Relationship with other Stabilization Policies
- 6.3: Financial Integration and Institutional Design
- 6.4: Policy Choices
- 6.5: References.