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Macroeconomic Linkage

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  • Ito, Takatoshi
  • Krueger, Anne O.

Abstract

This volume explores East Asia's macroeconomic experience in the 1980s and the economic impact of East Asia's growth on the rest of the world. The authors explore the causes of capital flows, changes in trade balances, and exchange rate fluctuations in East Asia and their effects on other countries. These fourteen papers are organized around four themes: the overall determinants of growth and trading relations in the East Asian region; monetary policies in relation to capital controls and capital accounts; the impact of exchange rate behavior on industrial structure; and the potential for greater regional integration. The contributors examine interactions among exchange rate movements, trade balances, and capital flows; how government monetary policy affects capital flows; the effect of exchange rates on industrial structure, inventories, and prices; and the extent of regional integration in East Asia.

Suggested Citation

  • Ito, Takatoshi & Krueger, Anne O. (ed.), 1994. "Macroeconomic Linkage," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226386690, November.
    • Handle: RePEc:ucp:bknber:9780226386690
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    Cited by:

    1. Goto, Junichi, 2012. "Regional Integration in East Africa Diversity or Economic Conformity," Working Papers 46, JICA Research Institute.

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