Exchange Rates, Currency Crisis and Monetary Cooperation in Asia by R. RajanExchange Rates, Currency Crisis and Monetary Cooperation in Asia by R. Rajan

Exchange Rates, Currency Crisis and Monetary Cooperation in Asia

byR. Rajan

Hardcover | March 26, 2009

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This book concentrates on exchange rates and their macroeconomic consequences, analytical and empirical issues relating to currency crises and policy responses and monetary and financial cooperation in Asia. It is truely pan-Asia-focused with chapters on China, Japan, Korea, India and Southeast Asia.
GRAHAM BIRD Professor at the Department of Economics and Director of the Surrey Centre for International Economics Studies (SCIES), University of Surrey, UK AMIT GHOSH Assistant Professor at the Department of Economics, Illinois Wesleyan University, Bloomington, Illinois, USA JIE LI Assistant Professor at the Central University of Fina...
Title:Exchange Rates, Currency Crisis and Monetary Cooperation in AsiaFormat:HardcoverDimensions:242 pages, 8.5 × 5.51 × 0.83 inPublished:March 26, 2009Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230577059

ISBN - 13:9780230577053


Table of Contents

Preface and Introduction Acknowledgements PART I: EXCHANGE RATES AND MACROECONOMIC CONSEQUENCES Managing the Liquidity Effects of Reserve Stockpiling in Emerging Asia; A.Ouyang & T.Willett What is the Impact of Exchange Rate Changes on inflation in Asia?; A.Ghosh A Closer Examination of Exchange Rate Pass-through in Korea and Thailand; A.Ghosh PART II: IMPACT OF CURRENCY CRISIS AND MONETARY POLICY Are Crisis-Induced Devaluations Contractionary? If So,Why? S.Chung-Hua Financial Crisis, Capital Outflows and Monetary Policy Responses: Simple Analytics with Reference to East Asia Understanding Currency Crisis and Monetary Policy Responses in Emerging Economies; M.Paraulkar How to Manage New-Style Currency Crises? Can High Reserves Offset Weak Fundamentals?; J.Li PART III: MONETARY AND FINANCIAL COOPERATION IN ASIA Examining the Case for a Regional Reserve Pool; R.Siregar & G.Bird Taking Stock of Monetary and Financial Cooperation in Asia Is there a Role for an Asian Currency Unit (ACU)?; V.Pontines