Showing 81 - 90 of 62,184
mediating role for regional-level institutions of financial regulation between national regulators in Asia and global … Asia in regional financial cooperation and regulation and draws lessons for Asia. The EU represents the most advanced stage … of regional financial integration and regulation in the world today, and can provide valuable lessons for Asia. Asia …
Persistent link: https://www.econbiz.de/10010240660
This paper discusses desirable exchange rate regimes and how countries can shift from their current regimes to these regimes over the medium term. We demonstrate the superiority of a basket-peg regime with the basket weight rule over a floating regime with the interest rate rule or the money...
Persistent link: https://www.econbiz.de/10010420010
In this paper we report the European experience with a basket currency, the ECU. The ECU was initially introduced as a reference unit and later became the anchor of the European Monetary System. Public policy was complemented by private sector initiatives and use of the ECU for denomination of...
Persistent link: https://www.econbiz.de/10003817926
in East Asia, and the most realistic option is for the region's emerging economies to adopt similar managed floating … interest of East Asia to create a regional monetary anchor through a combination of some form of national inflation targeting … creating a stable monetary zone in Asia, Japan needs to make significant efforts at the national and regional levels and …
Persistent link: https://www.econbiz.de/10010343515
We discuss the increasingly important roles of Asian official institutions in the new global financial landscape and reasons leading to the build-up of massive public surpluses. We re-examine the role of sovereign wealth funds (SWFs) as the de facto "global lender of last resort" during the...
Persistent link: https://www.econbiz.de/10013136617
This paper addresses two central questions for Asia and the world: (1) What is the purpose of Asian regional policy … paper examines the potential coverage and content of such policy coordination, what is meant by Asia in this context, and … how Asia fits in with global policy coordination processes. I address three related aspects of Asian regional policy …
Persistent link: https://www.econbiz.de/10013117793
adjustment to the post-crisis challenges. We point out that emerging Asia has converged to a middle ground of the trilemma …
Persistent link: https://www.econbiz.de/10013118911
The purpose of this paper is to inform the contemporary policy debate on promoting trade among developing countries (South-South trade) by analyzing trade patterns of developing Asian economies from a comparative global perspective. The paper begins with a stage-setting historical overview of...
Persistent link: https://www.econbiz.de/10013121251
This paper discusses the increasingly important roles of Asian official institutions in the new global financial landscape and the reasons that have led to the build-up of massive public surpluses. We re-examine the role of sovereign wealth funds (SWFs) as the de facto "global lender of last...
Persistent link: https://www.econbiz.de/10013124142
currencies seem to matter for exchange rate determination in Asia beyond the very short term. To this end, we employ country …
Persistent link: https://www.econbiz.de/10013124532