Myanmar’s Foreign Exchange Market

Controls, Reforms, and Informal Market

Business & Finance, Finance & Investing, Finance, Economics
Cover of the book Myanmar’s Foreign Exchange Market by Koji Kubo, Springer Singapore
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Koji Kubo ISBN: 9789811317897
Publisher: Springer Singapore Publication: September 27, 2018
Imprint: Springer Language: English
Author: Koji Kubo
ISBN: 9789811317897
Publisher: Springer Singapore
Publication: September 27, 2018
Imprint: Springer
Language: English

This is the first book dedicated to the scrutinization of Myanmar's unofficial foreign exchange market, its roots in restrictive administrative controls on foreign exchange and international trade, and its effects on the country’s economic performance. This book integrates vast pieces of records and data with first-hand information from extensive fieldwork to create an overall picture of the chaotic but seemingly efficient foreign exchange market in Myanmar, a transitional economy in Southeast Asia whose economic systems had been less known due to its isolation until recently.  This book illustrates how the unofficial foreign exchange market emerged during the country’s transition to a market-based economy, how informal currency deals proliferated under restrictive controls, and why they persist despite the significant economic reforms since 2011. Refuting the conventional wisdom of foreign exchange policy reforms, this research clarifies path-dependent features of foreign exchange market systems, and it discusses possible solutions for modernizing economic systems. This book is highly recommended to readers who seek an in-depth analytical narrative about informal economic activities and foreign exchange policy reforms in a fragile state.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This is the first book dedicated to the scrutinization of Myanmar's unofficial foreign exchange market, its roots in restrictive administrative controls on foreign exchange and international trade, and its effects on the country’s economic performance. This book integrates vast pieces of records and data with first-hand information from extensive fieldwork to create an overall picture of the chaotic but seemingly efficient foreign exchange market in Myanmar, a transitional economy in Southeast Asia whose economic systems had been less known due to its isolation until recently.  This book illustrates how the unofficial foreign exchange market emerged during the country’s transition to a market-based economy, how informal currency deals proliferated under restrictive controls, and why they persist despite the significant economic reforms since 2011. Refuting the conventional wisdom of foreign exchange policy reforms, this research clarifies path-dependent features of foreign exchange market systems, and it discusses possible solutions for modernizing economic systems. This book is highly recommended to readers who seek an in-depth analytical narrative about informal economic activities and foreign exchange policy reforms in a fragile state.

More books from Springer Singapore

Cover of the book Introduction to Western Culture by Koji Kubo
Cover of the book Computational Electromagnetics—Retrospective and Outlook by Koji Kubo
Cover of the book Digital Childhoods by Koji Kubo
Cover of the book Evolutionary Approach to Machine Learning and Deep Neural Networks by Koji Kubo
Cover of the book Lie Theory and Its Applications in Physics by Koji Kubo
Cover of the book Diabetic Retinopathy by Koji Kubo
Cover of the book Digital TV and Multimedia Communication by Koji Kubo
Cover of the book The Chinese Philosophy of Fate by Koji Kubo
Cover of the book Aluminum and Magnesium Metal Matrix Nanocomposites by Koji Kubo
Cover of the book Global Teachers, Australian Perspectives by Koji Kubo
Cover of the book Proceedings of First International Conference on Smart System, Innovations and Computing by Koji Kubo
Cover of the book Modeling, Identification and Control Methods in Renewable Energy Systems by Koji Kubo
Cover of the book Tissue Repair by Koji Kubo
Cover of the book Mobile and Wireless Technology 2018 by Koji Kubo
Cover of the book Minimization of Climatic Vulnerabilities on Mini-hydro Power Plants by Koji Kubo
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy