Exchange Rates, Currency Crisis and Monetary Cooperation in Asia

Part I. Exchange Rates and Macroeconomic Consequences

1. Managing the Liquidity Effects of Reserve Stockpiling in Emerging Asia
Alice Y. Ouyang, Thomas D. Willett

2. What is the Impact of Exchange Rate Changes on Inflation in Asia?
Amit Ghosh

3. A Closer Examination of Exchange Rate Pass-through in Korea and Thailand
Amit Ghosh

Part II. Impact of Currency Crisis and Monetary Policy

4. Are Crisis-Induced Devaluations Contractionary? If so, Why?
Shen Chung-Hua

5. Financial Crisis, Capital Outflows and Monetary Policy Responses: Simple Analytics with Reference to East Asia
Ramkishen S. Rajan

6. Understanding Currency Crises and Monetary Policy Responses in Emerging Economies
Makarand Parulkar

7. How Best to Manage New-Style Currency Crises?
Ramkishen S. Rajan

8. Can High Reserves Offset Weak Fundamentals?
Jie Li

Part III. Monetary and Financial Cooperation in Asia

9. Examining the Case for an Asian Reserve Pool
Reza Siregar, Graham Bird

10. Taking Stock of Monetary and Financial Cooperation in Asia
Ramkishen S. Rajan

11. Is There a Role for an Asian Currency Unit?
Victor Pontines

Keywords: Finance, Banking, Macroeconomics/Monetary Economics//Financial Economics, Economics, general, Accounting/Auditing