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The International Monetary Fund And Exchange Rate Crisis Management

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  • CHONG-YAH LIM

    ()
    (Economic Growth Centre (EGC), School of Humanities and Social Sciences (HSS), Nanyang Technological University (NTU), S3-01B-38, Nanyang Avenue, Singapore 639798, Singapore)

Abstract

The article analyzes the limits of the IMF as a global multilateral economic agency to handle serious balance of payments disequilibria. Capital control and growth rates in developing Asia and the twin deficit problem of the United States are also discussed. It also assesses the probability of the reemergence of an exchange rate crisis in Southeast Asia and the wisdom of having an Asian IMF.

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Bibliographic Info

Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal The Singapore Economic Review.

Volume (Year): 52 (2007)
Issue (Month): 03 ()
Pages: 285-294

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Handle: RePEc:wsi:serxxx:v:52:y:2007:i:03:p:285-294

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Related research

Keywords: Exchange rate crisis; capital control; growth rates in China and ASEAN; East Asian financial crisis; US twin deficits; IMF; AMF;

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