Thesiss

Many national governments choose to hinder the process of financial integration by imposing restrictions on capital mobility. The majority of the International Monetary Fund member nations have enforced capital controls over the past decade. This dissertation attempts to advance…

This dissertation consists of three essays on international economics. The first essay studies exchange rate arrangement in Korea. After the crisis, Korea announced that it would let its currency float freely. Our analysis indicates that Korea still loosely pegs its currency to …

This study has analysed the causes of the 1997/98 financial crisis of Thailand by examining the links between the inflow/outflow of foreign capital and the behaviour of private agents (consumers and producers) in that country during the period from 1975 to 1998. Thailand, once k…

This dissertation includes three studies on the use of capital controls in Malaysia. The first two studies focus on empirical investigations of the effectiveness of capital controls. The last study focuses on modeling the determinants of political risk premium associated with po…

This dissertation is an attempt at explaining and analyzing capital flight from Southeast Asia over the period 1970 to 2002. The research is organized into five questions. The first question is: What is capital flight? We review the literature on the meanings and measurements of…