1st Edition

Exchange Rate Policies in Emerging Asian Countries

    The future emergence of a European monetary zone is set to transform the configuration of the international monetary system and the roles of the dollar, the Euro and the yen within this system. This book addresses this issue with discussion of:
    * exchange rate policies pursued in the principal Asian countries
    * the measurement of equilibrium exchange rates for these countries
    * the maintenance of the dollar peg by Asian currencies
    * the absence of a trend to monetary regionalism based on the yen
    * the outlook of regional monetary co-operation
    * the outlook of regional monetary co-operation
    Case studies pay particular attention to Korea, Taiwan, Singapore and Thailand.

    List of figures, List of tables, List of contributors, Editors’ introduction, Acknowledgements, PART I Exchange rate policies in Asia: the evidence, PART II Exchange rates and economic development: long-run views, PART III Regional monetary cooperation: rationale and effects, Index


    Stefan Collignon, Yung Chul Park, Jean Pisani-Ferry