Exchange Rate, Monetary and Financial Issues and Policies in Asia

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  • Exchange Rate, Monetary and Financial Issues and Policies in Asia Book Detail

  • Author : Ramkishen S. Rajan
  • Release Date : 2009
  • Publisher : World Scientific
  • Genre : Business & Economics
  • Pages : 325
  • ISBN 13 : 9812834583
  • File Size : 96,96 MB

Exchange Rate, Monetary and Financial Issues and Policies in Asia by Ramkishen S. Rajan PDF Summary

Book Description: A decade has passed since the Asian crisis of 1997OCo1998 which decimated many of the regional economies. While the crisis itself led to severe economic and political consequences, its primary cause was an inappropriate mix of policies, as regional economies attempted to simultaneously maintain fairly rigid exchange rates (soft US dollar pegs) and monetary policy autonomy in the presence of large-scale capital outflows. The chapters in this volume focus on selected exchange rate, monetary and financial issues and policies that are of contemporary relevance and importance to Asia, including choice of exchange rate regimes, causes and consequences of reserve accumulation, international capital flows, macroeconomic synchronization, and regional monetary and financial cooperation.

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Exchange Rate Systems and Policies in Asia

Exchange Rate Systems and Policies in Asia

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This important book comprises insightful papers on lessons learned from some major exchange rate and monetary experiences in Asia, exchange rate crisis manageme