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EXCHANGE RATE CO-ORDINATION FOR SURMOUNTING THE EAST ASIAN CURRENCY CRISIS

Exchange rate misalignment is one of the major problems in the current East Asian financial crisis. The exchange rate policies followed hy China and Japan will be crucial to containing the crisis. This paper argues that the co-ordination, if only implicit, of exchange rate policies among the East As... Full description

Journal Title: The Asia Pacific journal of economics & business 1998, Vol.2 (1), p.95
Main Author: Ronald I McKinnon
Format: Electronic Article Electronic Article
Language: English
Subjects:
Yen
Quelle: Alma/SFX Local Collection
Publisher: Perth: Asia Pacific Journal of Economics and Business
ID: ISSN: 1326-8481
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title: EXCHANGE RATE CO-ORDINATION FOR SURMOUNTING THE EAST ASIAN CURRENCY CRISIS
format: Article
creator:
  • Ronald I McKinnon
subjects:
  • American dollar
  • Banking industry
  • Banks
  • Coordination
  • Currency
  • Economic conditions
  • Economic crisis
  • Finance companies
  • Financial institutions
  • Foreign exchange rates
  • Forward exchange
  • Interest rates
  • Macroeconomics
  • Purchasing power parity
  • Renminbi
  • Studies
  • Yen
ispartof: The Asia Pacific journal of economics & business, 1998, Vol.2 (1), p.95
description: Exchange rate misalignment is one of the major problems in the current East Asian financial crisis. The exchange rate policies followed hy China and Japan will be crucial to containing the crisis. This paper argues that the co-ordination, if only implicit, of exchange rate policies among the East Asian Five (Thailand, Indonesia, Malaysia, the Philippines and Korea) is also necessary for surmounting the crisis. [PUBLICATION ABSTRACT]
language: eng
source: Alma/SFX Local Collection
identifier: ISSN: 1326-8481
fulltext: fulltext
issn:
  • 1326-8481
url: Link


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descriptionExchange rate misalignment is one of the major problems in the current East Asian financial crisis. The exchange rate policies followed hy China and Japan will be crucial to containing the crisis. This paper argues that the co-ordination, if only implicit, of exchange rate policies among the East Asian Five (Thailand, Indonesia, Malaysia, the Philippines and Korea) is also necessary for surmounting the crisis. [PUBLICATION ABSTRACT]
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subjectAmerican dollar ; Banking industry ; Banks ; Coordination ; Currency ; Economic conditions ; Economic crisis ; Finance companies ; Financial institutions ; Foreign exchange rates ; Forward exchange ; Interest rates ; Macroeconomics ; Purchasing power parity ; Renminbi ; Studies ; Yen
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abstractExchange rate misalignment is one of the major problems in the current East Asian financial crisis. The exchange rate policies followed hy China and Japan will be crucial to containing the crisis. This paper argues that the co-ordination, if only implicit, of exchange rate policies among the East Asian Five (Thailand, Indonesia, Malaysia, the Philippines and Korea) is also necessary for surmounting the crisis. [PUBLICATION ABSTRACT]
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