This volume explores East Asia's macroeconomic experience in the 1980s and the economic impact of East Asia's growth on the rest of the world. The authors explo

Asian economies strengthened their monetary and currency management after the Asian financial crisis of 19971998, and came through the global financial crisis o

The exchange rate is a crucial variable linking a nation's domestic economy to the international market. Thus choice of an exchange rate regime is a central com

The increased mobility and volume of international capital flows is a striking trend in international finance. While countries worldwide have engaged in financi

Ever since the East Asian financial crisis it has been recognized that emerging market economies are vulnerable to both excessive inflows of capital and sudden