International Capital Flows in Calm and Turbulent Times: The Need for New International Architecture

Contents

Contents List ofFigures Vll List ofTables Xl Preface xv 1. Global Capital Flows to East Asia: Surges and Reversals Jacques Cailloux and Stephany Griffith-Jones 1 2. The Role of Mutual Funds and Other International Investors in Currency Crises Stephany Griffith-Jones 29 3. International Bank Lending and the East Asian Crisis Jacques Cailloux and Stephany Griffith-Jones 49 4. Foreign Capital Flows to Thailand: Determinants and Impact Ammar Siamwalla, Yos Vajragupta, and Pakorn Vichyanond 75 5. Capital Flows into and from Malaysia Jomo K. S. 107 6. The Recent Economic Crisis in Indonesia: Causes, Impacts, and Responses Anwar Nasution 162 7. Who Destabilized the Korean Stock Market? Yung Chul Park and Innwon Park 195 8. The Currency Shake-up in 1997: A Case Study of the Czech Economy Oldrich Dedek 231 9. The Swings in Capital Flows and the Brazilian Crisis Ilan Goldfajn 267 10. The Financial Crises of the Late 1990s: Summary and Policy Lessons Ricardo Gottschalk and Stephany Griffith-Jones 291 11. Key Elements for a New International Financial Architecture Stephany Griffith-Jones and Jose Antonio Ocampo 310 Contributors 337 Index 339 ...