Pub Date : 2021-06-03DOI: 10.1142/9789811238628_0003
Barry Eichengreen
This is where I came in. A decade ago I wrote a series of papers on financial development and integration in Asia focusing on the role of openness in fostering financial deepening and economic growth. In subsequent years there has much water (some would say liquidity) under the bridge, not just an additional decade of financial experience but also the global financial crisis. This commission from the Asian Monetary Policy Forum thus offers a welcome opportunity to revisit these issues.
{"title":"Financial Development in Asia: The Role of Policy and Institutions, with Special Reference to China","authors":"Barry Eichengreen","doi":"10.1142/9789811238628_0003","DOIUrl":"https://doi.org/10.1142/9789811238628_0003","url":null,"abstract":"This is where I came in. A decade ago I wrote a series of papers on financial development and integration in Asia focusing on the role of openness in fostering financial deepening and economic growth. In subsequent years there has much water (some would say liquidity) under the bridge, not just an additional decade of financial experience but also the global financial crisis. This commission from the Asian Monetary Policy Forum thus offers a welcome opportunity to revisit these issues.","PeriodicalId":402318,"journal":{"name":"The Asian Monetary Policy Forum","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121527374","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-03DOI: 10.1142/9789811238628_fmatter
Steven J. Davis, E. S. Robinson, B. Yeung
{"title":"FRONT MATTER","authors":"Steven J. Davis, E. S. Robinson, B. Yeung","doi":"10.1142/9789811238628_fmatter","DOIUrl":"https://doi.org/10.1142/9789811238628_fmatter","url":null,"abstract":"","PeriodicalId":402318,"journal":{"name":"The Asian Monetary Policy Forum","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121804315","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-03DOI: 10.1142/9789811238628_0007
Pierre-Olivier Gourinchas
This paper reviews the central role of the US dollar in the global trade, financial and monetary systems. The dominance of the US dollar as an invoicing, issuance, anchor and reserve currency has increased over time, especially so and somewhat paradoxically since the end of the Bretton Woods system. The dollar is now the ‘hegemon’ currency. I propose an explanation based on the growing complementarities between the role of the dollar for international trade and for international financial transactions. I also discuss the implications for policymakers of living in a ‘dollar world.’ The paper concludes with a discussion of some possible challenges to the dollar’s hegemony. ∗Prepared for the 6th Asian Monetary Policy Forum to be held on May 31, 2019 in Singapore.
{"title":"The Dollar Hegemon? Evidence and Implications for Policymakers","authors":"Pierre-Olivier Gourinchas","doi":"10.1142/9789811238628_0007","DOIUrl":"https://doi.org/10.1142/9789811238628_0007","url":null,"abstract":"This paper reviews the central role of the US dollar in the global trade, financial and monetary systems. The dominance of the US dollar as an invoicing, issuance, anchor and reserve currency has increased over time, especially so and somewhat paradoxically since the end of the Bretton Woods system. The dollar is now the ‘hegemon’ currency. I propose an explanation based on the growing complementarities between the role of the dollar for international trade and for international financial transactions. I also discuss the implications for policymakers of living in a ‘dollar world.’ The paper concludes with a discussion of some possible challenges to the dollar’s hegemony. ∗Prepared for the 6th Asian Monetary Policy Forum to be held on May 31, 2019 in Singapore.","PeriodicalId":402318,"journal":{"name":"The Asian Monetary Policy Forum","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127073923","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-03DOI: 10.1142/9789811238628_0001
R. Menon
{"title":"“Getting in All the Cracks or Targeting the Cracks? Securing Financial Stability in the Post-Crisis Era”","authors":"R. Menon","doi":"10.1142/9789811238628_0001","DOIUrl":"https://doi.org/10.1142/9789811238628_0001","url":null,"abstract":"","PeriodicalId":402318,"journal":{"name":"The Asian Monetary Policy Forum","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122509768","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：