regimes–rather than a peg to an external currency. This requires major emerging economies–particularly the People’s Republic … to create a regional monetary anchor through a combination of some form of national inflation targeting and a currency … basket system. Emerging economies in the region need to find a suitable currency basket for their exchange rate target, such …

) government bonds, the People’s Republic of China (PRC) needs a currency with international status that can match its economic …

regimes–rather than a peg to an external currency. This requires major emerging economies–particularly the People’s Republic … to create a regional monetary anchor through a combination of some form of national inflation targeting and a currency … basket system. Emerging economies in the region need to find a suitable currency basket for their exchange rate target, such …

) government bonds, the People’s Republic of China (PRC) needs a currency with international status that can match its economic …

regimes–rather than a peg to an external currency. This requires major emerging economies–particularly the People’s Republic … to create a regional monetary anchor through a combination of some form of national inflation targeting and a currency … basket system. Emerging economies in the region need to find a suitable currency basket for their exchange rate target, such …

international levels) for recovery as well as for reform, so as to reduce the possibility of such a crisis surfacing in the future …

Over 10 years after the currency crisis, the degree of exchange rate misalignment is still an issue of contention for … East Asian countries. This study evaluates the degrees of currency misalignment of Korea, China, Malaysia, Thailand, the … distinction between local currency misalignments and the US dollar misalignment is stressed. The estimated misalignments in 2007 …