The future emergence of a European monetary zone is set to
transform the configuration of the international monetary system
and the roles of the dollar, the Euro and the yen within this
system. This book addresses this issue with discussion of:
* exchange rate policies pursued in the principal Asian
countries
* the measurement of equilibrium exchange rates for these
countries
* the maintenance of the dollar peg by Asian currencies
* the absence of a trend to monetary regionalism based on the
yen
* the outlook of regional monetary co-operation
* the outlook of regional monetary co-operation
Case studies pay particular attention to Korea, Taiwan, Singapore
and Thailand.
General
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