LEADER 05381 am 22007093u 450 001 996210488803316 005 20221206094702.0 010 $a981-287-284-1 024 7 $a10.1007/978-981-287-284-5 035 $a(CKB)3710000000320758 035 $a(SSID)ssj0001407900 035 $a(PQKBManifestationID)11888712 035 $a(PQKBTitleCode)TC0001407900 035 $a(PQKBWorkID)11412796 035 $a(PQKB)10719264 035 $a(DE-He213)978-981-287-284-5 035 $a(MiAaPQ)EBC3107117 035 $a(MiAaPQ)EBC6422613 035 $a(Au-PeEL)EBL6422613 035 $a(OCoLC)898723353 035 $a(oapen)https://directory.doabooks.org/handle/20.500.12854/33483 035 $a(PPN)183149572 035 $a(EXLCZ)993710000000320758 100 $a20141211d2015 u| 0 101 0 $aeng 135 $aurnn#008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aManaging Elevated Risk$b[electronic resource] $eGlobal Liquidity, Capital Flows, and Macroprudential Policy?An Asian Perspective /$fby Iwan J. Azis, Hyun Song Shin 205 $a1st ed. 2015. 210 $aCham$cSpringer Nature$d2015 210 1$aSingapore :$cSpringer Singapore :$cImprint: Springer,$d2015. 215 $a1 online resource (viii, 124 pages) $cillustrations; digital, PDF file(s) 300 $aBibliographic Level Mode of Issuance: Monograph 311 08$aPrint version: 9789812872838 320 $aIncludes bibliographical references and index. 327 $aContents -- Foreword -- Chapter 1: Introduction and Overview -- Chapter 2: The Three Phases of Global Liquidity -- 2.1: Conceptual and Measurement Issues -- 2.2: First Phase of Global Liquidity -- 2.2.1: Round-trip Bank Flows to the US -- 2.2.2: Banking Sector Flows to the Rest of the World -- 2.2.3: Exchange Rates and Leverage -- 2.3: Second Phase of Global Liquidity -- 2.4: The Case of Emerging Asia -- 2.5: Third Phase and Onward -- 2.6: References -- Chapter 3: Early Warning Indicators for Financial Vulnerabilities -- 3.1: Principles for Selection of Early Warning Indicators -- 3.2: Core and Noncore Liabilities -- 3.3: References -- Chapter 4: Emerging Asia?s Noncore Liabilities and Policy Effectiveness -- 4.1: Bank-led Flows, Noncore Liabilities, and Credit Growth -- 4.2: Reassessing Monetary Policy -- 4.3: Appendix -- 4.4: References -- Chapter 5: Capital Flows and Income Distribution -- 5.1: National Policy Remains Key -- 5.2: How Capital Flows Affect Income Inequality -- 5.3: Prioritization for a Multi-Objective Goal -- 5.4: Appendix -- 5.5: References -- Chapter 6: Policy Implications -- 6.1 Tailoring Policies to Vulnerabilities -- 6.2 Macroprudential Tools -- 6.2.1 Bank Capital-Oriented Tools -- 6.2.1.1 Capital Requirements that Adjust Over the Cycle -- 6.2.1.2 Forward-Looking Provisioning -- 6.2.1.3: Leverage caps -- 6.2.1.4: Loan-To-Value and Debt-Service-To-Income Caps -- 6.2.1.5: Loan-to-Deposit caps -- 6.2.1.6: Levy on Noncore Liabilities -- 6.2.1.7: Unremunerated Reserve Requirements -- 6.2.2: Relative Merits of URR versus Levies/Taxes -- 6.2.3: Relationship with other Stabilization Policies -- 6.3: Financial Integration and Institutional Design -- 6.4: Policy Choices -- 6.5: References. 330 $aThis book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the region through improved financial regulation and other policy measures to minimize the emergent risks. "Managing Elevated Risk: Global Liquidity, Capital Flows, and Macroprudential Policy?An Asian Perspective" also explores the range of policy options that may be deployed to address the impact of global liquidity on domestic financial and socio-economic conditions including income inequality. The book is primarily aimed at policy makers, financial market regulators and supervisory agencies to help them improve national regulatory systems and to promote harmonization of national regulations and practices in line with global standards. Scholars and researchers will also gain important information and knowledge about the overall impacts of changing global liquidity from the book. 606 $aFinance 606 $aEconomic policy 606 $aDevelopment economics 606 $aFinance, general$3https://scigraph.springernature.com/ontologies/product-market-codes/600000 606 $aEconomic Policy$3https://scigraph.springernature.com/ontologies/product-market-codes/W34010 606 $aDevelopment Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W42000 610 $aFinance/Investment/Banking 610 $aEconomic Policy 610 $aDevelopment Economics 615 0$aFinance. 615 0$aEconomic policy. 615 0$aDevelopment economics. 615 14$aFinance, general. 615 24$aEconomic Policy. 615 24$aDevelopment Economics. 676 $a332 700 $aAzis$b Iwan J$4aut$4http://id.loc.gov/vocabulary/relators/aut$0923823 702 $aShin$b Hyun Song$4aut$4http://id.loc.gov/vocabulary/relators/aut 801 0$bUkMaJRU 906 $aBOOK 912 $a996210488803316 996 $aManaging Elevated Risk$92073209 997 $aUNISA