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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Format: | eBook |
Language: | English |
Published: |
Washington, DC
World Bank, East Asia and Pacific Region, Office of the Chief Economist
2000
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Series: | Policy research working paper
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Online Access: | |
Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
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 |
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Item Description: | Includes bibliographical references (p. 27-30). - Title from title screen as viewed on Sept. 30, 2002 |