慢跑
发表于 2025-3-28 16:39:11
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ASTER
发表于 2025-3-28 21:35:29
Introductionkets. This does seem rather strange, given that the Bretton Woods system—itself the result of a major international effort to bring stability to the world’s international monetary system—was born in 1944 more than half a century ago, and that both the World Bank and the IMF, institutions set up unde
表状态
发表于 2025-3-29 02:05:57
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Misnomer
发表于 2025-3-29 03:55:53
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Perigee
发表于 2025-3-29 10:04:57
Does Asia Need a Common Currency? is the New Economy. The New Economy underlies the big change in the United States that made possible a sudden jump--up from a two and a half percent average sustainable growth rate that most economists thought was the maximum, to something in the order of 5% growth rate, temporary as it may have be
炼油厂
发表于 2025-3-29 11:31:33
Recommending a Currency Basket System for Emerging East Asia region in the immediate future. It focuses on the role of the US dollar, the Japanese yen, and the euro as anchor currencies in the exchange rate policies of these economies. The chapter claims that the dollar’s role as the dominant anchor for exchange rate stabilization in crisis-affected East Asi
Chagrin
发表于 2025-3-29 18:07:37
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meretricious
发表于 2025-3-29 22:34:22
Contemplating the Credibility of Currency Boardsources of information and angles of approach, we try to facilitate a deeper and broader treatment so as to provide a different perspective, to bridge some of the gaps between theory and practice, and ultimately to shed some light on whether a currency board is indeed a useful credibility-enhancing d
讨好美人
发表于 2025-3-30 01:57:00
Currency Board, Asian Financial Crisis, and the Case for Put OptionsIt is shown that the conventional defense mechanism via interest arbitrage has not functioned properly. An alternative approach of issuing put options to strengthen the currency board is evaluated. We show that the “technical” measures eventually undertaken by the Hong Kong Monetary Authority (HKMA)
Arrhythmia
发表于 2025-3-30 07:11:29
The Currency Board in Hong Kong: Operational Weaknesses and A Proposed Refinement Schemein 1997/1998. However, the actual operation of Hong Kong’s currency board system was perhaps very different from the general public’s perception. This chapter is to explore the major operational weaknesses of Hong Kong’s currency board system during the Asian financial crisis. Not only did those wea