자본자유화에 따른 투기적 공격 경로 분석

• 영문명: Analysis of Speculative Attack Routes with the Capital Account Liberalization
• 발행기관: 인하대학교 산업경제연구소
• 저자명: 장원창(Won-chang Jang)
• 간행물 정보: 『경상논집』經商論集 第22輯 第1號, 1~11쪽, 전체 11쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2008.07.30

영문 초록

Since the Asian financial crisis of 1997, Korea has carried out a phase-in of capital account liberalization policy to accelerate foreign capital inflows and facilitate international business in the private sectors. Some opponents argue that the rapid liberalization in the emerging market with structural vulnerability tends to expose herself to speculative attacks. This paper analyzes the possible routes of speculative attacks in the case of capital account liberalization in the emerging markets and induces some policy implications. Based on the analysis, it is suggested that and the financial liberalization policy should be consistent with the credibility of other economic policies in concert with macroeconomic stabilization and structural reforms and the post-supervision scheme through the real-time monitoring device on foreign capital flows should be reinforced.

목차

Ⅰ. 서론

Ⅱ. 투기적 공격 경로분석

Ⅲ. 정책적 시사점

참고문헌

ABSTRACT