Economic Management in a Volatile Environment

I. Exchange Rates, Reserves, and Controls

1. What Is the Extent of Monetary Sterilisation in China?
A. Ouyang, T. D. Willett

2. What Determines Real Exchange Rate Fluctuations?
A. Ouyang

3. What Is the Impact of Capital Controls?
J. Li

4. Can International Currency Taxation Stabilise Currency Fluctuations?
G. Bird

5. Why Do Countries Accumulate International Reserves?
V. Yanamandra

II. Financial Crises, Financial Liberalisation, and Foreign Bank Entry

6. Comparing Financial Crises: What Lessons for Asia from the Eurozone Crisis?
Ramkishen S. Rajan, Sasidaran Gopalan

7. Financial Liberalisation and Foreign Bank Entry: What Is the Nexus?
Ramkishen S. Rajan, Sasidaran Gopalan

8. Do Foreign Banks Enhance Banking System Efficiency?
Ramkishen S. Rajan, Sasidaran Gopalan

9. How Do Foreign Banks Affect Firms’ Access to Credit?
Ramkishen S. Rajan, Sasidaran Gopalan

10. Why Do Banks Go Abroad?
Ramkishen S. Rajan, Sasidaran Gopalan

Keywords: Economics, Macroeconomics/Monetary Economics//Financial Economics, Capital Markets, International Economics, Public Finance