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Exchange Rates and Foreign Direct Investment in Emerging Asia - Selected Issues and Policy Options (Paperback)
Loot Price: R1,412
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Exchange Rates and Foreign Direct Investment in Emerging Asia - Selected Issues and Policy Options (Paperback)
Series: Routledge Studies in the Modern World Economy
Expected to ship within 12 - 17 working days
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With the rapid growth of China and India and the resurgence of
Southeast Asia post-1997-8, emerging Asia has once again become one
of the most dynamic regions in the world. This dynamism has in turn
been fuelled largely by a carefully calibrated embracement of
economic openness to international trade, investments and capital
flows. While much has been written about international trade, there
has been somewhat less work on the issue of capital flows,
macroeconomic management and foreign direct investment (FDI) to and
from the region, a gap that this book attempts to fill. The book is
divided into two parts. The first part deals with selected issues
pertaining to macroeconomic management in small and open economies,
with particular focus on exchange rates. The second part of the
book deals with the trends and determinants of FDI in emerging
Asia, its importance as a source of finance, its impact on growth
and development, and the nexus between FDI and foreign portfolio
flows (FPI). Overall, the chapters in this book tackle important
policy issues of contemporary relevance, but are informed by
analytical frameworks, data and empirics. While each of the topic
areas chosen in individual chapters is intentionally narrow, the
book as a whole covers a number of areas and countries/regions
within Asia (i.e. East, Southeast and South Asia). While the
chapters have been written in a manner that can stand up to
academic scrutiny, they are also meant to be accessible to policy
makers, researchers and others who might be interested in FDI and
related issues in Asia.
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