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A Basket Currency for Asia (Paperback)

Author: Ito Takatoshi

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Product Overview

The failure of the dollar peg to prevent the Asian currency crisis of 1997 to 1998 has highlighted the importance of the exchange rate regime in Asia and provoked much discussion as to what the alternatives are in terms of exchange rate systems. Bringing together extensive research on Asian basket currencies in one volume, this new text discusses whether a currency basket system is the answer, striking a balance between the theoretical and empirical. With strong policy implications for East Asia, the impressive team of contributors argue that for countries that have close economic relationships with several currency areas, it is well worth considering a currency basket system. The book also pursues the important idea of coordination failure, whereby if each individual country tries to adopt an optimal exchange rate given other neighbouring countries policies, they may collectively fail to reach a regions optimal exchange rate regime.A Basket Currency for Asia is a topical and significant text that will appeal to students and scholars of international finance and Asian economics. *Author: Ito Takatoshi/ Ito, Takatoshi *Binding Type: Paperback *Number of Pages: 228 *Publication Date: 2009/04/01 *Language: English *Dimensions: 6.14 x 9.21 x 0.48 inches

Specifications

Publisher Routledge
Mfg Part# 9780415547017
SKU 211480547
Format Paperback
ISBN10 0415547016
Release Date 4/21/2009
Product Attributes
eBooks Kobo
Book Format Paperback
Number of Pages 0208
Publisher Routledge
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$70.89 + $2.75 shipping
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