Thesis (Ph. D.)--Harvard University, 1994. / Includes bibliographical references (leaves 173-182).

Thesis (Ph. D.)--University of California, Berkeley, 1995. / Includes bibliographical references (leaves 119-126).

Thesis (Ph. D.)--Harvard University, 1992. / Includes bibliographical references.

M.A. / Financial markets are rapidly integrating into a single global market place, and developing countries including South Africa, are increasingly part of this process. The process is being driven by both the push and the pull factors in both developed and developing countries. Nevertheless, the overwhelming majority of the developing countries still need to create the conditions to attract long-term capital flows. Although South Africa has been attracting capital flows since the 1990s, the level is not sustainable because it mainly attracts shortterm capital. It has failed to attract long-term capital on a sustainable basis because of economic and political crises facing the country. Thus, the South African government needs to build the kind of macroeconomic, regulatory and institutional environment that channels this private capital into broad - based and sustainable growth.

M.Com (Economics) / Please refer to full text to view abstract

Thesis (Ph. D.)--University of Missouri-Columbia, 2001. / Typescript. Vita. Includes bibliographical references (leaves 115-120). Also available on the Internet.

Thesis (Ph. D.)--University of Missouri-Columbia, 2001. / Typescript. Vita. Includes bibliographical references (leaves 115-120). Also available on the Internet.

Thesis (Ph. D.)--University of Wisconsin--Madison, 2003. / Includes bibliographical references (p. 179-194). Also available on the Internet.

This thesis presents three essays on the role of international capital flows in growth, real exchange rate behavior and the conduct of domestic monetary policy in four Asian economies. The first chapter develops an endogenous growth model based on an infinitely-lived optimizing representative agent. Data from the four Asian countries is used to test the implications of the model. Using applied time series econometric techniques, the results for Malaysia, Philippines and Thailand lend credence to the endogenous growth process, while it is rejected for Indonesia. Chapter 2 develops a three-good model for the internal real exchange rate to identify the fundamental determinants of the internal real exchange rates for exports and imports. The examination of the time series properties of the variables suggests that the internal real exchange rates in the ASEAN-4 countries were indeed driven by the fundamentals derived from the model. Furthermore, the results indicate that there was no misalignment between the actual and equilibrium real exchange rates. Movements in the real exchange rates were thus equilibrium responses to changes in the fundamentals. The third chapter estimates coefficients of capital flow offset to domestic monetary policy and sterilization and analyzes the implications for domestic monetary autonomy. The relative performance of the monetary model and the portfolio balance model is compared using quarterly data for the four countries. The empirical results show that the capital flow offset was less than complete and that sterilization turned out to be ineffective in three of the four countries.

Thesis (Ph.D.)--McMaster University, 2003. / Advisor: Stuart Mestelman. Includes bibliographical references (p. 214-221). Also available via World Wide Web.