Takagi, Shinji; Pham, Thi Hoang Anh - In: Journal of Asian Economics 22 (2011) 6, pp. 507-517
The paper presents an analysis of exchange rate policy in Vietnam during 2008–2009. In early 2008, the country faced a sudden reversal of capital flows as signs of developing domestic vulnerabilities became evident. The downward pressure on the dong then intensified with the onset of the...