Myanmar's foreign exchange market : controls, reforms, and informal market /: controls, reforms, and informal market. (2018)

• Record Type: Book
• Further Information: Note: Koji Kubo.
• Authors: Kubo, Kōji
• Contents: Intro; Preface; Contents; About the Author; Abbreviations; List of Figures; List of Tables; 1 Introductory Chapter: Myanmar's Foreign Exchange Market-Controls, Reforms, andInformal Market; 1 Introduction; 2 Bank-Based Forex Market; 2.1 Market Structure; 2.2 Market Evolution; 3 Unofficial Forex Market; 3.1 Causes ofUnofficial Market Formation; 3.2 Market Structure; 3.3 Unofficial Markets intheASEAN-4 Forerunners; 4 Research Question andIts Rationale; 4.1 Research Question; 4.2 Rationale forResearch Question; 5 Outline ofThis Book; 5.1 Overview oftheMyanmar Economy. 5.2 Outline ofThis BookReferences; 2 Piecemeal Reforms inthe1990s andForex Market Segmentation betweenState andPrivate Sectors; 1 Introduction; 2 The Myanmar Way toIts Transition toaMarket Economy: Late 1980s andEarly 1990s; 2.1 Before Transition; 2.2 Initial Transition Strategies; 3 Macroeconomic Outcome ofTransition inIts Initial Stage; 4 Foreign Exchange Certificates andAborted Exchange Rate Reform intheMid-1990s; 5 Link betweenState andPrivate Sectors; 5.1 Flows ofForeign Exchange fromthePrivate toState Sector; 5.2 Impact onthePrivate Sector; 6 Concluding Remarks. 7 Sources ofUnofficial Market Persistence7.1 Informal Currency Deals forOfficial Imports; 7.2 Complementarities betweenInformal Currency Deals andInformal Economic Activities; 8 Concluding Remarks; Appendix: Balance ofPayments, FY 1995-2005 (U.S. Dollar, Million); References; 4 Import Controls, Natural Resource Booms, andExtraordinary Real Exchange Rate Appreciation in2007-2011; 1 Introduction; 2 Trends inExchange Rates andExternal Balance; 2.1 Exchange Rate Trends; 2.2 External Balance andComposition ofExports; 3 Determinants oftheReal Exchange Rate; 3.1 Money Supply. 3.2 Resource Boom4 Sources ofReal Exchange Rate Appreciation; 4.1 Linkage betweentheTwo Resource Booms andCurrency Appreciation; 4.2 Other Factors behind Currency Appreciation; 5 Lifting ofExchange Restrictions since2011; 5.1 Import Liberalization andKyat Depreciation; 5.2 Implications oftheAppreciation Episode; 6 Concluding Remarks; References; 5 Foreign Exchange Market Reform since2011: Linkage betweentheOfficial andUnofficial Markets; 1 Introduction; 2 Outline ofReforms since2011; 2.1 Forex Market Reform; 2.2 Reform oftheCentral Bank andtheFinancial Market.
• Publisher Details: Singapore : Springer
• Publication Date: 2018
• Extent: 1 online resource
• Subjects: 332.45609591; Economics; Foreign exchange -- Burma; BUSINESS & ECONOMICS -- Finance; Foreign exchange; Business & Economics -- Economics -- General; Business & Economics -- General; Economic systems & structures; Finance; Distributive industries; Management science; Development economics; Trade; Business & Economics -- Development -- General; Development economics & emerging economies; Burma; Electronic books
• Languages: English
• ISBNs: 9789811317897; 9811317895
• Related ISBNs: 9789811317880; 9811317887
• Notes: Note: Includes bibliographical references and index.; Note: Online resource; title from PDF title page (EBSCO, viewed October 2, 2018).
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.