Exchange Rates Under the East Asian Dollar Standard: Living with Conflicted Virtue

by Ronald I. McKinnon

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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 US 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...

Format:Paperback

Language:English

ISBN:0262633418

ISBN13:9780262633413

Release Date:January 2006

Publisher:MIT Press

Length:279 Pages

Weight:0.84 lbs.

Dimensions:0.7" x 5.9" x 8.8"

Age Range:18 years and up

Grade Range:Postsecondary and higher

Related Subjects

Business Business & Investing Economics

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Exchange Rates Under the East Asian Dollar Standard: Living with Conflicted Virtue

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