Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2014
basket system. Emerging economies in the region need to find a suitable currency basket for their exchange rate target, such … as a special drawing rights-plus (SDR+) currency basket–i.e., a basket of the SDR and emerging East Asian currencies … to create a regional monetary anchor through a combination of some form of national inflation targeting and a currency …