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Monetary policy and the Asian crisis: the role of dollar exchange rate targets

In: Monetary Policy and Taiwan’s Economy

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  • Philip Turner

Abstract

Monetary Policy and Taiwan’s Economy questions whether the Asian crisis could have been avoided through the application of recommendations highlighted by the contributors. The conclusion reached is that in an abstract world, perhaps; but in the world in which we live; no. It is argued that the proposals made could certainly contribute to improved policy, albeit effecting marginal improvements rather than ground breaking changes.

Suggested Citation

  • Philip Turner, 2002. "Monetary policy and the Asian crisis: the role of dollar exchange rate targets," Chapters, in: Gerald P. Dwyer Jr. & Jin-Lung Lin & Jia-Dong Shea & Chung-Shu Wu (ed.), Monetary Policy and Taiwan’s Economy, chapter 6, pages 98-127, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:2724_6
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    Keywords

    Asian Studies; Economics and Finance;

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