Impacts of Exchange Rates on Employment in Three Asian Countries PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Impacts of Exchange Rates on Employment in Three Asian Countries PDF full book. Access full book title Impacts of Exchange Rates on Employment in Three Asian Countries by Wanjoong Kim. Download full books in PDF and EPUB format.
Author: Wanjoong Kim
Publisher: 대외경제정책연구원
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 58
Get Book Here
Book Description
Author: Wanjoong Kim
Publisher: 대외경제정책연구원
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 58
Get Book Here
Book Description
Author: Wanjoong Kim
Publisher:
ISBN: 9788932240268
Category :
Languages : en
Pages : 42
Get Book Here
Book Description
Author: Wanjoong Kim
Publisher:
ISBN:
Category : Employment
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Ramkishen S. Rajan
Publisher: World Scientific
ISBN: 9812834583
Category : Business & Economics
Languages : en
Pages : 325
Get Book Here
Book Description
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 political consequences, its primary cause was an inappropriate mix of policies, as regional economies attempted to simultaneously maintain fairly rigid exchange rates (soft US dollar pegs) and monetary policy autonomy in the presence of large-scale capital outflows. The chapters in this volume focus on selected exchange rate, monetary and financial issues and policies that are of contemporary relevance and importance to Asia, including choice of exchange rate regimes, causes and consequences of reserve accumulation, international capital flows, macroeconomic synchronization, and regional monetary and financial cooperation.
Author: Duck-Koo Chung
Publisher: Rowman & Littlefield
ISBN: 0815714181
Category : Business & Economics
Languages : en
Pages : 176
Get Book Here
Book Description
East Asian exchange rates have become a global flashpoint. U.S. policymakers blame artificially low Asian currency values for global imbalances, including America's ballooning current account deficit. The solution, they argue, lies in some combination of greater exchange rate flexibility and the appreciation of Asian currencies against the dollar. Asian officials recognize the need to let their exchange rates rise, but they fear that would hamper growth and cut sharply into the value of their dollar reserves. Toward an East Asian Exchange Rate Regime offers a timely and comprehensive analysis of the resulting debates, drawing on expertise from China, Japan, South Korea, and the United States. The introduction reviews the issues at stake, sketches a variety of proposed exchange rate regimes, and discusses comparisons between East Asia and the West. Subsequent chapters examine the connection between global financial imbalances and East Asian monetary cooperation, China's potential role in regional coordination, the relationship between monetary and trade integration, and different paths toward regional cooperation. Authoritative yet concise, this is an essential primer on East Asian monetary integration. Contributors include Gongpil Choi (Korean Institute of Finance, Federal Reserve Bank of San Francisco), Masahiro Kawai (University of Tokyo, Asian Development Bank), Kwanho Shin (Korea University), Yunjong Wang (SK Institute), Masaru Yoshitomi (RIETI,Tokyo), and Yongding Yu (Chinese Academy of Social Sciences).
Author: Paul Sau Leung Yip
Publisher: World Scientific
ISBN: 9814469971
Category : Business & Economics
Languages : en
Pages : 197
Get Book Here
Book Description
This important book comprises insightful papers on lessons learned from some major exchange rate and monetary experiences in Asia, exchange rate crisis management in Asia and choice of exchange rate systems in Asia. Originally published in the Singapore Economic Review, Vol. 52, No. 3, 2007, it deals primarily with the exchange rate systems and policies in the three largest economies in Asia: China, Japan and India. It also contains a paper on Singapore's exchange rate system, whose success could make it a role model for other small open economies. Notable contributors include Ronald McKinnon and John Williamson, among others. The editor is the original designer of China's latest exchange rate system reform.
Author: Fayyaz Ahmad
Publisher:
ISBN:
Category :
Languages : en
Pages : 28
Get Book Here
Book Description
The existing literature on exchange rate fundamentals have either focused on the relationship between exchange rates and international trade or investigated the association between exchange rates and economic fundamentals for the developed countries. This study examines the impact of macroeconomic fundamentals on exchange rates of developing Asian countries. Two econometric approaches are applied to the pool and the panel data. For the pool sample, EGLS and the two-stage Least Square Method are applied. For the panel data, we have used the panel GMM and the OLS methods. Both approaches suggest that macroeconomic factors have a significant impact on exchange rates. Several specifications and estimation techniques confirm that our findings are robust. Furthermore, we have found that improvements in domestic economic and political systems are necessary for a successful exchange rate policy. Our study is unique as it focuses on the developing Asian countries, covers a period of more than three decades, and uses both pool and panel estimations.
Author: Ms.Isabelle Mejean
Publisher: International Monetary Fund
ISBN: 1455218960
Category : Business & Economics
Languages : en
Pages : 31
Get Book Here
Book Description
A reduction in the U.S. current account deficit vis-à-vis emerging Asia involves a shift in demand from U.S. to emerging Asia tradable goods and a change in international relative prices. This paper quantifies the required adjustment in the terms of trade and real exchange rates in a three-country open economy model of the U.S., China, and other emerging Asia. We compare scenarios where both Chinese and other emerging Asian export prices change by the same proportion to the case where export prices remain constant in one country and increase in the other. Our results are robust to different assumptions about elasticities of substitution and to introducing a high degree of vertical fragmentation in production in the model.
Author: Raul V. Fabella
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 70
Get Book Here
Book Description
Surveys the growing literature on monetary cooperation in East Asia (EA) that goes beyond the Chiang Mai Initiative. It compares and contrasts the various proposals for cooperation such as the Williamson basket peg, the Asian monetary system, and the yen block as to their crisis prevention impact and their feasibility, both economic and political. Also reviews the evidence on the readiness of EA and some of its proper subsets for a currency union in the light of experiences elsewhere, especially of European monetary cooperation. Chapters: currency unions and the European Monetary Union; current exchange rate regime and monetary cooperation in EA; proposals for monetary and exchange rate cooperation in EA; and costs and benefits of a monetary union in EA.
Author: Mark W. Rosegrant
Publisher: Asian Dev Bank
ISBN:
Category : Agricultural development projects
Languages : en
Pages : 540
Get Book Here
Book Description
Over the past three decades the rural Asian economy has experienced a dramatic transformation. In most countries the speed and level of development have far exceeded expectations. This book describes this "quiet revolution" with an emphasis on policies and strategies and their impact on agricultural and economic growth, poverty, and the environment.
