Exchange Rate, Monetary And Financial Issues And Policies In Asia

Exchange Rate, Monetary And Financial Issues And Policies In Asia

Ramkishen S Rajan

Format: Print Book

ISBN: 9789812834577

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A decade has passed since the Asian crisis of 1997-1998 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.

Format: Hardcover
No of Pages: 324
Imprint: World Scientific
Publication date: 20081216






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