Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …

examines how policy configurations affect macroeconomic performances with focus on the Asian economies. We find that the three … holding a massive amount of IR. Asian emerging market economies are found to be equipped with macroeconomic policy …

Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …. -- Reserves ; swaps ; dollar standard ; Asia ; trade and financial linkages …

Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …. -- Reserves ; swaps ; dollar standard ; Asia ; trade and financial linkages …

This paper takes stock of recent research dealing with the degree to which the trilemma choices of Asian countries … adjustment to the postcrisis challenges. We point out that emerging Asia has converged to a middle ground of the trilemma … smoother adjustment of emerging Asia to the crisis, and was instrumental in inducing the rapid resumption of growth. The swings …

policy configurations affect macroeconomic performances, with focus on the Asian economies. We find that the three policy … greater exchange rate stability while holding a massive amount of IR. Asian emerging market economies are found to be equipped …