Monetary Policy in Pacific Basin Countries: Papers Presented at a Conference Sponsored by the Federal Reserve Bank of San Francisco. Questo articolo non è disponibile.Monetary Policy in Pacific Basin Countries: Papers Presented at a Conference Sponsored by the Federal Reserve Bank of San Francisco

The chapters in this book are based on papers prepared for a conference organized by the Federal Reserve Bank of San Francisco, held at the bank September 23-25, 1987, to review and compare monetary policy experiences of Pacific Basin countries during the past 15 years. The theme of the conference was conceived with two purposes in mind. First, there was (and still is) a great need to enhance knowledge on the workings of economies in the Pacific Basin, which has been the fastest growing region in the world economy during the past 30 years. While much has been written on Pacific Basin trade and economic growth, relatively few studies have been published on the conduct of monetary policy in these economies. Second, as we in the United States and others elsewhere have learned, rapid financial market changes over the last 15 years have led to considerable adjustment in the conduct of monetary policy. A comparative study of various national experiences can yield insights into the inter­ actions between monetary policy and financial market changes more than is obtainable by examining indi vidual national experiences separately.

Overview.- 1. Monetary Policy Changes in Pacific Basin Countries.- Issues.- 2. Financial Market Changes and Monetary Policy in Pacific Basin Countries.- 3. Exchange Rate Arrangements and Monetary Policy.- 4. Capital Mobility and Monetary Policy: Australia, Japan and New Zealand.- 5. Monetary Policy and Foreign Debt: The Experiences of the Far East Countries.- 6. Monetary Regimes and Fiscal Deficits: A Comparative Analysis.- 7. Monetary Policy in Pacific Basin Developing.- Countries.- 8. Exchange Rates and Monetary Policy in Singapore and Hong Kong.- 9. U.S. Monetary.- 10. The Response of the Bank of Japan to Macroeconomic and Financial.- 11. The New Australian Monetary.- 12. Financial Deregulation and Monetary Policy in New.- 13. Monetary Policy in Thailand.- 14. Financial Reform and Monetary Control in Indonesia.- 15. Monetary Policy and Financial Reform in Korea.- 16. Monetary Policy in Taiwan, China.- 17. Monetary Policy and Inflation in China.- About the Authors.- Conference Agenda.- Conference Participants.