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Strategies for Asian exchange-rate policy cooperation

Huang, Yiping

Description

Asian economies have undergone significant transformation since the 1997-98 financial crisis. In order to reduce risks of a balance-of-payments crisis, Asian policy-makers introduced a number of reforms, including promotion of current account surpluses, accumulation of foreign reserves and some regional cooperation initiatives. These changes strengthened Asia's external sector fundamentals and helped Asia's ability to withstand external shocks. This chapter explores that currency integration...[Show more]

CollectionsANU Research Publications
Date published: 2014
Type: Book chapter
URI: http://hdl.handle.net/1885/53542
Book Title: Asian Financial Integration. Impacts of the global crisis and options for regional policies
DOI: 10.4324/9781315796437

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