Exchange Rates Under The East Asian Dollar Standard

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Exchange Rates Under the East Asian Dollar Standard

Exchange Rates Under the East Asian Dollar Standard
Author :
Publisher : MIT Press
Total Pages : 300
Release :
ISBN-10 : 0262134519
ISBN-13 : 9780262134514
Rating : 4/5 (514 Downloads)

Book Synopsis Exchange Rates Under the East Asian Dollar Standard by : Ronald I. McKinnon

Download or read book Exchange Rates Under the East Asian Dollar Standard written by Ronald I. McKinnon and published by MIT Press. This book was released on 2005 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The policy dilemmas inherent in using the US dollar as the key currency for stabilizing exchange rates in East Asia.


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Exchange Rates Under the East Asian Dollar Standard
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The policy dilemmas inherent in using the US dollar as the key currency for stabilizing exchange rates in East Asia.
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East Asian exchange rates have become a global flashpoint. U.S. policymakers blame artificially low Asian currency values for global imbalances, including Ameri
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Before the crisis of 1997-98, the East Asian economies ő except for Japan but including China ő pegged their currencies to the U.S. dollar. To avoid further t
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Th world dollar standard greatly facilitates international exchange. Since the Bretton Woods Agreement of 1945, the dollar has been the key currency for clearin
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There is a deepening debate in East Asia about the prospects for common exchange rate arrangements, even including the formation of a common currency in the lon