This important book comprises insightful papers on lessons learned from some major exchange rate and monetary experiences in Asia, exchange rate crisis management in Asia and choice of exchange rate systems in Asia. Originally published in the Singapore Economic Review, Vol. 52, No. 3, 2007, it deals primarily with the exchange rate systems and policies in the three largest economies in Asia: China, Japan and India. It also contains a paper on Singapore''s exchange rate system, whose success could make it a role model for other small open economies. Notable contributors include Ronald McKinnon and John Williamson, among others. The editor is the original designer of China''s latest exchange rate system reform.For example, more and more individuals and enterprises had started to invest in the stock market. ... In addition to the above changes in economic behaviors, the articles also pointed out the possibility of a few forthcoming vicious cycles, suchanbsp;...
|Title||:||Exchange Rate Systems and Policies in Asia|
|Author||:||Paul S. L. Yip|
|Publisher||:||World Scientific - 2008-11-05|