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001 978-981-287-284-5
003 DE-He213
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007 cr nn 008mamaa
008 141211s2015 si | s |||| 0|eng d
020 _a9789812872845
_9978-981-287-284-5
024 7 _a10.1007/978-981-287-284-5
_2doi
050 4 _aHG1-9999
072 7 _aKFF
_2bicssc
072 7 _aBUS027000
_2bisacsh
072 7 _aKFF
_2thema
082 0 4 _a332
_223
100 1 _aAzis, Iwan J.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
245 1 0 _aManaging Elevated Risk
_h[electronic resource] :
_bGlobal Liquidity, Capital Flows, and Macroprudential Policy—An Asian Perspective /
_cby Iwan J. Azis, Hyun Song Shin.
250 _a1st ed. 2015.
264 1 _aSingapore :
_bSpringer Singapore :
_bImprint: Springer,
_c2015.
300 _aVIII, 124 p. 69 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aContents -- 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.
506 0 _aOpen Access
520 _aThis 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 measures to minimize the emergent risks. "Managing Elevated Risk: Global Liquidity, Capital Flows, and Macroprudential Policy—An Asian Perspective" also explores the range of policy options that may be deployed to address the impact of global liquidity on domestic financial and socio-economic conditions including income inequality. The book is primarily aimed at policy makers, financial market regulators and supervisory agencies to help them improve national regulatory systems and to promote harmonization of national regulations and practices in line with global standards. Scholars and researchers will also gain important information and knowledge about the overall impacts of changing global liquidity from the book.
650 0 _aFinance.
650 0 _aEconomic policy.
650 0 _aDevelopment economics.
650 1 4 _aFinance, general.
_0http://scigraph.springernature.com/things/product-market-codes/600000
650 2 4 _aEconomic Policy.
_0http://scigraph.springernature.com/things/product-market-codes/W34010
650 2 4 _aDevelopment Economics.
_0http://scigraph.springernature.com/things/product-market-codes/W42000
700 1 _aShin, Hyun Song.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9789812872852
776 0 8 _iPrinted edition:
_z9789812872838
776 0 8 _iPrinted edition:
_z9789811013799
856 4 0 _uhttps://doi.org/10.1007/978-981-287-284-5
912 _aZDB-2-SBE
912 _aZDB-2-SOB
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