| 书目名称 | Currency Cooperation in East Asia |
| 编辑 | Frank Rövekamp,Hanns Günther Hilpert |
| 视频video | |
| 概述 | Comprehensive and updated analysis of the East Asian currency area.Explores the effects of currency cooperation on financial stability in the South-Asian region.Analyzes economic and political impacts |
| 丛书名称 | Financial and Monetary Policy Studies |
| 图书封面 |  |
| 描述 | This book explores the opportunities and limits of currency cooperation in East Asia. Currency issues play an important role in the region. The Asian crisis of the late 90s was rooted in deficient currency arrangements. The Chinese RMB is not freely convertible yet, but policymakers in China nevertheless aim for a more international role of the Chinese currency. The recent change of direction in Japanese monetary policy caused a drastic depreciation of the Yen and led to warnings against a possible “currency war”, thus demonstrating that currency issues can also easily lead to political frictions. Most trade in and with the East Asian zone on the other hand is still conducted in US $. Against this background different modes of currency cooperation serve the goal of smoothing exchange rate fluctuations and capital flows. They are an important element to promote financial stability and to reduce the transaction cost for foreign trade or investment. The contributions of this book analyze the environment and design of currency cooperation in East Asia and their effects from a macro-and microeconomic viewpoint. |
| 出版日期 | Book 2014 |
| 关键词 | Currency cooperation; Currency reserves; Currency swaps; Exchange rate stabilization; Financial stabilit |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-3-319-03062-3 |
| isbn_softcover | 978-3-319-35241-1 |
| isbn_ebook | 978-3-319-03062-3Series ISSN 0921-8580 Series E-ISSN 2197-1889 |
| issn_series | 0921-8580 |
| copyright | Springer International Publishing Switzerland 2014 |
发表于 2025-3-21 18:36:59
