Official Reserves And Currency Management In Asia
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Official Reserves and Currency Management in Asia
| Author | : Hans Genberg |
| Publisher | : Centre for Economic Policy Research |
| Total Pages | : 152 |
| Release | : 2005 |
| Genre | : Business & Economics |
| ISBN | : |
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Addressing the questions related to accumulation of reserves in East Asia, this book provides some conclusions. It says that: the reserve build up is not driven by deliberately undervalued exchange rates; and the autonomous exchange rate adjustment is not an efficient method, to deal with account imbalances between the United States and East Asia.
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Language: en
Pages: 152
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Type: BOOK - Published: 2005 - Publisher: Centre for Economic Policy Research
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A decade has passed since the Asian crisis of 1997OCo1998 which decimated many of the regional economies. While the crisis itself led to severe economic and pol
