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Management of Exchange Rate Regimes in Emerging Asia

  • Rajan, Ramkishen

    (Asian Development Bank Institute)

This paper revisits the issue of exchange rate regimes in emerging Asia. It is divided into two main parts. The first part compares de jure and de facto exchange rate regimes in Asia over the decade 1999–2009. The second part focuses on the sustained stockpiling of reserves in developing and emerging Asian economies since 2000 (interrupted only briefly by the global financial crisis). The paper concludes with some observations on the management of Asian currencies in light of the global financial crisis and concerns about global imbalances.

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File URL: http://www.adbi.org/files/2011.11.21.wp322.mngt.exchange.rate.regimes.emerging.asia.pdf
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Paper provided by Asian Development Bank Institute in its series ADBI Working Papers with number 322.

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Length: 29 pages
Date of creation: 18 Nov 2011
Date of revision:
Handle: RePEc:ris:adbiwp:0322
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