Exchange Rate Systems And Policies In Asia

Paul S. L. Yip

ISBN 10: 9812834508 / ISBN 13: 9789812834508

Published by World Scientific Publishing Company, 2008

About this Item

Seller Inventory # I-9789812834508

Bibliographic Details

• Title: Exchange Rate Systems And Policies In Asia
• Publisher: World Scientific Publishing Company
• Publication Date: 2008
• Language: English
• ISBN 10: 9812834508
• ISBN 13: 9789812834508
• Binding: Hardcover
• Condition: New

About this title

Synopsis

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. 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.

Contents: Introduction: Important Lessons from Some Major Exchange Rate and Monetary Experiences in Asia (P S L Yip); The International Monetary Fund and Exchange Rate Crisis Management (C-Y Lim); The Case for an Intermediate Exchange Rate Regime (J Williamson); Japan's Deflationary Hangover: Wage Stagnation and the Syndrome of the Ever-Weaker Yen (R McKinnon); Managing Flexibility: Japanese Exchange Rate Policy, 1971 2007 (S Takagi); China's Exchange Rate System Reform (P S L Yip); The Fog Encircling the Renminbi Debate (Y-W Cheung et al.); Insulation of India from the East Asian Crisis: An Analysis (P Dua & A Sinha); Singapore's Exchange Rate Policy: Some Implementation Issues (H-K Chow).