Keywords:
Finance
;
Economic policy
;
Development economics
;
Finance
;
Finance, general
;
Economic Policy
;
Development Economics
Description / Table of Contents:
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
Pages:
Online-Ressource (VIII, 124 pages)
,
69 illustrations
ISBN:
9789812872845
URL:
https://link.springer.com/openurl?genre=book&isbn=978-981-287-284-5
Language:
English
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