SOAS Research Online

A Free Database of the Latest Research by SOAS Academics and PhD Students

[skip to content]

Volz, Ulrich (2006) 'On the Feasibility of a Regional Exchange Rate System for East Asia: Lessons of the 1992/1993 EMS Crisis.' Journal of Asian Economics, 17 (6). pp. 1107-1127.

Full text not available from this repository.

Abstract

This paper argues that a regional exchange rate system such as the EMS should not be ruled out when discussing monetary options for East Asia. The paper recalls that the 1992/1993 EMS crisis was the crisis of an exchange rate system and not just the collapse of unilateral pegs pursued by individual countries. It discusses distinct features that add to the credibility of regional exchange rate systems and reasons that a system that is built around well-defined rules and which is managed very carefully and cooperatively according to those rules could be both credible and sustainable even in the 21st century.

Item Type: Journal Article
SOAS Departments & Centres: Departments and Subunits > Department of Economics
Legacy Departments > Faculty of Law and Social Sciences > Department of Economics
ISSN: 10490078
DOI (Digital Object Identifier): https://doi.org/10.1016/j.asieco.2006.09.012
Date Deposited: 29 Jan 2013 14:09
URI: https://eprints.soas.ac.uk/id/eprint/14791

Altmetric Data

Statistics

Download activity - last 12 monthsShow export options
Downloads since deposit
6 month trend
0Downloads
6 month trend
521Hits
Accesses by country - last 12 monthsShow export options
Accesses by referrer - last 12 monthsShow export options

Repository staff only

Edit Item Edit Item