World Bank - Managing capital flows in East Asia

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title	:	Managing Capital Flows in East Asia Development in Practice (Washington, D.C.)
author	:
publisher	:	World Bank
isbn10 | asin	:	0821335294
print isbn13	:	9780821335291
ebook isbn13	:	9780585244471
language	:	English
subject	Capital movements--East Asia, Monetary policy--East Asia.
publication date	:	1996
lcc	:	HG3891.M36 1996eb
ddc	:	332/.042
subject	:	Capital movements--East Asia, Monetary policy--East Asia.

Page i DEVELOPMENT IN PRACTICE Managing Capital Flows In East Asia

Page ii Other Recent Development in Practice Books Improving Women's Health in India Sustainable Transport: Priorities for Policy Reform Priorities and Strategies in Education: A World Bank Review (also available in French and Spanish) Better Urban Services: Finding the Right Incentives (also available in French and Spanish) Strengthening the Effectiveness of Aid: Lessons for Donors Enriching Lives: Overcoming Vitamin and Mineral Malnutrition in Developing Countries (also available in French and Spanish) A New Agenda for Women's Health and Nutrition (also available in French) Population and Development: Implications for the World Bank East Asia's Trade and Investment: Regional and Global Gains from Liberalization Goverance: The World Bank's Experience Higher Education: The Lessons of Experience (also available in French and Spanish) Better Health in Africa: Experience and Lessons Learned (also available in French) Argentina's Privatization Program: Experience, Issues, and Lessons Sustaining Rapid Development in East Asia and the Pacific

Page iii Managing Capital Flows in East Asia THE WORLD BANK WASHINGTON, D.C.

Page iv 1996 The International Bank for Reconstruction and Development / THE WORLD BANK All rights reserved Manufactured in the United States of America First printing May 1996 The Development in Practice series publishes reviews of the World Bank's activities in different regions and sectors. It lays particular emphasis on the progress that is being made and on the policies and practices that hold the most promise of success in the effort to reduce poverty in the developing world. This report is a study by the World Bank's staff, and the judgments made herein do not necessarily reflect the views of the Board of Executive Directors or of the governments they represent. Library of Congress Cataloging-in-Publication Data Managing capital flows in East Asia. p. cm.(Development in practice) Includes bibliographical references. ISBN 0-8213-3529-4 1. Capital movementsEast Asia. 2. Monetary policyEast Asia. I. World Bank. II. Series: Development in practice (Washington, D.C.) HG3891.M36 1996 95-51265 332'.042dc20 CIP

Page v Contents Foreword ix Acknowledgments xi Abbreviations and Data Note xii 1 Capital Flows to Developing Countries: An Overview 1 Evolution of Capital Flows to Developing Countries 2 The Impact of Capital Flows on East Asian Economies 9

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