Toward an East Asian exchange rate regime / Duck-Koo Chung, Barry Eichengreen, editors.
"Analyzes the feasibility of continued exchange rate pegging in East Asia and explores alternatives, including some form of regional monetary integration. Argues for coordinating the adjustment of Asian currencies against the dollar and sketches scenarios for the creation of an Asian central ba...
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| Other Authors: | , |
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
Brookings Institution Press,
[2007]
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| Subjects: |
| Summary: | "Analyzes the feasibility of continued exchange rate pegging in East Asia and explores alternatives, including some form of regional monetary integration. Argues for coordinating the adjustment of Asian currencies against the dollar and sketches scenarios for the creation of an Asian central bank and a single Asian currency"--Provided by publisher. "Toward an East Asian Exchange Rate Regime offers an analysis of the questions under debate, drawing on the expertise of leading economists from China, Japan, South Korea, and the United States. The introduction reviews the issues at stake, sketches a variety of proposed exchange rate regimes, and discusses comparisons between East Asia and the West. Subsequent chapters examine the connection between global financial imbalances and East Asian monetary cooperation, China's potential role in efforts at regional coordination, and the relationship between monetary and trade integration. Three chapters analyze different paths that regional cooperation could take, making this an essential primer on East Asian monetary integration."--BOOK JACKET. |
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| Physical Description: | viii, 164 pages : illustrations ; 23 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 081571419X 9780815714194 |