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<図書>
Exchange rates under the East Asian dollar standard : living with conflicted virtue

責任表示 Ronald I. McKinnon
データ種別 図書
出版情報 Cambridge, Mass. : MIT Press , c2005
本文言語 英語
大きさ x, 279 p. : ill. ; 24 cm
概要 The increasingly integrated economies of East Asia-China, Hong Kong, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, and Thailand-face the dilemma of how to achieve exchange-rat... security in the absence of a unifying "Asian euro." The U.S. dollar has become the region's dominant intraregional trading currency as well as the monetary anchor to which East Asia economies informally peg their currencies. In this timely and original analysis of the benefits and risks of an East Asian dollar standard, Ronald McKinnon takes issue with the conventional view that urges flexible exchange rates on financially fragile economies. He argues instead that East Asian countries should coordinate their policies to keep their exchange rates stable against the dollar.
The increasingly integrated economies of East Asia-China, Hong Kong, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, and Thailand-face the dilemma of how to achieve exchange-rate security in the absence of a unifying "Asian euro." The U.S. dollar has become the region's dominant intraregional trading currency as well as the monetary anchor to which East Asian economies informally peg their currencies. In this timely and original analysis of the benefits and risks of an East Asian dollar standard, Ronald McKinnon takes issue with the conventional view that urges flexible exchange rates on financially fragile economies. He argues instead that East Asian countries should coordinate their policies to keep their exchange rates stable against the dollar.
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所蔵情報


: hc 中央図 3B 338.952/Ma 21/20050439 2005
017212005004397

書誌詳細

一般注記 Includes bibliographical references (p. [257]-263) and index
著者標目 *McKinnon, Ronald I., 1935-
件 名 LCSH:Foreign exchange rates -- East Asia  全ての件名で検索
LCSH:Monetary policy -- East Asia  全ての件名で検索
分 類 LCC:HG3976.5
DC22:332.4/56/095
書誌ID 1001269117
ISBN 0262134519
NCID BA71550107
巻冊次 : hc ; ISBN:0262134519
: pbk. ; ISBN:0262633418 ; XISBN:9780262633413
登録日 2009.09.18
更新日 2009.09.18

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