Monetary Policy Implementation in East Asia

Prof. Frank Rövekamp is a Professor of Asian Studies with a focus on Japan, and Director of the East Asia Institute at Ludwigshafen University of Applied Sciences, Germany. He obtained his Ph.D. in Business Studies from the University of Cologne, Germany, prior to working for over 15 years in the industry and holding senior management positions in Germany, Japan and Hong Kong. His current research interests include international monetary, currency and trade policy. Prof. Moritz Bälz LL.M. (Harvard) is a Professor of Japanese Law and its Cultural Foundations at the Faculty of Law, Goethe University of Frankfurt, Germany, where he currently also serves as Deputy Director of the Interdisciplinary Centre for East Asian Studies (IZO). Prior to assuming his current position in 2008, he worked for several years as an attorney with the international law firm Freshfields Bruckhaus Deringer in New York and Frankfurt. His research chiefly focuses on Japanese business law from a comparative perspective, and on dispute resolution in Japan.    Dr. Hanns Günther Hilpert is Head of the Asia Division at the German Institute for International and Security Affairs (Stiftung Wissenschaft und Politik (SWP)), Berlin. Having previously worked for the German Institute for Japanese Studies (DIJ), Tokyo, and the Ifo Institute for Economic Research, Munich, he has published numerous books and articles on the Japanese economy and on Asian trade and economic integration. His current research focuses on various policy-oriented economic issues in East Asia.

• CHAPTER 1 Monetary Policy in East Asia: Implementation Matters .-PART I:The Framework of Monetary Policy Implementation.- CHAPTER 2China’s Monetary Policy Re-visited: Institutional Setting, Main Tools, Challenges.- CHAPTER 3The Operation of Inflation Targeting in Korea.- PART II:Central Banks in Foreign Exchange Markets.- CHAPTER 4Exchange-Rate Management in East.-  Asia: Words and Deeds.- CHAPTER 5Taiwan’s Foreign Exchange Policy and its Current Challenges.- CHAPTER 6 Monetary Policy Implementation in Singapore.- PART III:Dimensions of Monetary Policy Implementation.- CHAPTER 7The Asset Purchase Programmes of the Eurosystem in the Courts.- CHAPTER 8Bank of Japan Exchange Traded Fund Purchases under Quantitative and Qualitative Monetary Easing with Yield Curve Control.- INDEX .