1st Edition

Capital Flows, Financial Markets and Banking Crises

By Chia-Ying Chang Copyright 2017
208 Pages 4 B/W Illustrations
by Routledge

218 Pages 4 B/W Illustrations
by Routledge

218 Pages 4 B/W Illustrations
by Routledge

The increasing capital flows in the emerging markets and developed countries have raised various concerns worldwide. One main concern is the impact of the sharp decline of capital flows – so-called sudden stops – on financial markets and the stability of banking systems and the economy. The sudden stops and banking crises have been identified as the two main features of most financial crises,... Read more

1. Introduction

2. Long-term foreign direct investment and economic growth

3. Short-term portfolio flows and economic growth

4. Capital flows, sudden stops and banking crises

5. Banking governance, bank runs and the effectiveness of liquidity provision

6. Capital controls and banking crises

7. Theoretical and empirical analysis: practical lessons and policy implications

8. Conclusion

Biography

Chia-Ying Chang is a research scholar in the Faculty of Economics at Nagoya City University and an associated member of Macroeconomics Research Unit at the University of Melbourne. She received her PhD in economics from Vanderbilt University, USA. Her research interests include money and banking theory, macroeconomic theory, economic growth and development, industrial organisation and labour economic theory in macroeconomic perspective.