Exchange Rates, Currency Crisis and Monetary Cooperation in Asia

  • Ramkishen S. Rajan
Book

Table of contents

  1. Front Matter
    Pages i-xix
    PDF

  2. Exchange Rates and Macroeconomic Consequences

    1. Front Matter
      Pages 1-1
      PDF
    2. Managing the Liquidity Effects of Reserve Stockpiling in Emerging Asia
      Alice Y. Ouyang, Thomas D. Willett
      Pages 3-38
    3. What is the Impact of Exchange Rate Changes on Inflation in Asia?
      Amit Ghosh
      Pages 39-59
    4. A Closer Examination of Exchange Rate Pass-through in Korea and Thailand
      Amit Ghosh
      Pages 60-86

  3. Impact of Currency Crisis and Monetary Policy

    1. Front Matter
      Pages 87-87
      PDF
    2. Are Crisis-Induced Devaluations Contractionary? If so, Why?
      Shen Chung-Hua
      Pages 89-109
    3. Financial Crisis, Capital Outflows and Monetary Policy Responses: Simple Analytics with Reference to East Asia
      Ramkishen S. Rajan
      Pages 110-133
    4. Understanding Currency Crises and Monetary Policy Responses in Emerging Economies
      Makarand Parulkar
      Pages 134-150
    5. How Best to Manage New-Style Currency Crises?
      Ramkishen S. Rajan
      Pages 151-179
    6. Can High Reserves Offset Weak Fundamentals?
      Jie Li
      Pages 180-189

  4. Monetary and Financial Cooperation in Asia

    1. Front Matter
      Pages 191-191
      PDF
    2. Examining the Case for an Asian Reserve Pool
      Reza Siregar, Graham Bird
      Pages 193-214
    3. Taking Stock of Monetary and Financial Cooperation in Asia
      Ramkishen S. Rajan
      Pages 215-226
    4. Is There a Role for an Asian Currency Unit?
      Victor Pontines
      Pages 227-238
  5. Back Matter
    Pages 239-242
    PDF

About this book

Introduction

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.

Keywords

capital evaluation Inflation macroeconomics monetary policy

Editors and affiliations

  • Ramkishen S. Rajan
    • 1
  1. 1.School of Public PolicyGeorge Mason UniversityUSA

Bibliographic information

  • DOI https://doi.org/10.1057/9780230234192
  • Copyright Information Palgrave Macmillan, a division of Macmillan Publishers Limited 2009
  • Publisher Name Palgrave Macmillan, London
  • eBook Packages Palgrave Economics & Finance Collection
  • Print ISBN 978-1-349-36691-0
  • Online ISBN 978-0-230-23419-2
  • About this book