Toward an East Asian Exchange Rate Regime

• Main Authors: Chung, Duck-Koo, Eichengreen, Barry
• Format: eBook
• Language: English
• Published: Blue Ridge Summit Brookings Institution Press 2007
• Edition: 1st ed.
• Subjects: Business; BUSINESS & ECONOMICS; East Asia; Economics; Foreign Exchange; Foreign exchange rates; International; Monetary unions

East Asian exchange rates have become a global flashpoint. U.S. policymakers blame artificially low Asian currency values for global imbalances, including America's ballooning current account deficit. The solution, they argue, lies in some combination of greater exchange rate flexibility and th...