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Capital Flows, Macroeconomic Management and Regional Cooperation in Asia
Author :   Kyung Tae Lee, Ramkishen Rajan eds.
Series :   Conference Proceeding  08-01
Language :   English
Date :   2008-05-22
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The Korea Institute for International Economic Policy (KIEP) organized and sponsored an international workshop entitled “Capital Flows, Macroeconomic Management and Regional Cooperation in Asia” on November 30, 2007 in Washington, DC. The rationale behind the theme of the workshop is self-evident. While the Asian economies have recovered well from the financial and economic crisis of 1997-98 and have seen a resurgence in international capital flows, they continue to face enormous challenges in macroeconomic management. The regional economies have also taken a number of modest steps to enhance regional economic cooperation as a means of fortifying themselves against future financial crises as well as reducing prisoners’ dilemmas that might exist in their exchange rate and monetary policies (Cavoli and Rajan 2008). (The rest is omitted.)
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