Proposed strategy for a regional exchange rate arrangement in post-crisis East Asia

A coordinated action by East Asian countries to stabilize their currencies against a common basket of major currencies (broadly representative of their average structure of trade and foreign direct investment) would help stabilize both intraregional exchange rates and effective exchange rates, in a...

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Bibliographic Details
Main Author: Kawai, Masahiro
Other Authors: Takagi, Shinji
Format: eBook
Language:English
Published: Washington, DC World Bank, East Asia and Pacific Region, Office of the Chief Economist 2000
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:A coordinated action by East Asian countries to stabilize their currencies against a common basket of major currencies (broadly representative of their average structure of trade and foreign direct investment) would help stabilize both intraregional exchange rates and effective exchange rates, in a way consistent with the medium-term objective of promoting trade investment and growth in the region
Item Description:Includes bibliographical references (p. 27-30). - Title from title screen as viewed on Sept. 30, 2002