LEADER 04959nam 2200721Ia 450 001 9910824169003321 005 20200520144314.0 010 $a1-281-22366-2 010 $a9786611223663 010 $a0-226-38693-7 024 7 $a10.7208/9780226386935 035 $a(CKB)1000000000406479 035 $a(EBL)408205 035 $a(OCoLC)212810047 035 $a(SSID)ssj0000119757 035 $a(PQKBManifestationID)11143394 035 $a(PQKBTitleCode)TC0000119757 035 $a(PQKBWorkID)10073781 035 $a(PQKB)11459412 035 $a(MiAaPQ)EBC408205 035 $a(DE-B1597)535759 035 $a(OCoLC)1135585771 035 $a(DE-B1597)9780226386935 035 $a(Au-PeEL)EBL408205 035 $a(CaPaEBR)ebr10216903 035 $a(CaONFJC)MIL122366 035 $a(EXLCZ)991000000000406479 100 $a19980727d1999 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aChanges in exchange rates in rapidly developing countries $etheory, practice, and policy issues /$fedited by Takatoshi Ito and Anne O. Krueger 205 $a1st ed. 210 $aChicago, Ill. $cUniversity of Chicago Press$dc1999 215 $a1 online resource (466 p.) 225 1 $aNBER-East Asia seminar on economics ;$vv. 7 300 $aDescription based upon print version of record. 311 0 $a0-226-38673-2 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tContents --$tAcknowledgments --$tIntroduction --$t1 The Choice of Exchange Rate Regime in Developing and Middle Income Countries --$t2 Contagious Currency Crises: Channels of Conveyance --$t3 Current Account Deficits and Capital Flows in East Asia and Latin America: Are the Early Nineties Different from the Early Eighties? --$t4 Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia --$t5 Resource Endowments and the Real Exchange Rate: A Comparison of Latin America and East Asia --$t6 Private Consumption, Nontraded Goods, and Real Exchange Rate: Evidence from South Korea and Taiwan --$t7 The Yen and Its East Asian Neighbors, 1980-1995: Cooperation or Competition? --$t8 Exchange Rate Pass-through and Industry Characteristics : The Case of Taiwan's Exports of Midstream Petrochemical Products --$t9 Evaluation of Korea's Exchange Rate Policy --$t10 Issues in Korean Exchange Rate Policy --$t11 Liberalization of Capital Flows in Korea: Big Bang or Gradualism? --$t12 The Foreign Exchange Allocation Policy in Postwar Japan: Its Institutional Framework and Function --$t13 The Syndrome of the Ever- Higher Yen, 1971-1995: American Mercantile Pressure on Japanese Monetary Policy --$t14 Testing for the Fundamental Determinants of the Long- Run Real Exchange Rate: The Case of Taiwan --$t15 Hong Kong's Currency Board and Changing Monetary Regimes --$tContributors --$tAuthor Index --$tSubject Index 330 $aThe exchange rate is a crucial variable linking a nation's domestic economy to the international market. Thus choice of an exchange rate regime is a central component in the economic policy of developing countries and a key factor affecting economic growth. Historically, most developing nations have employed strict exchange rate controls and heavy protection of domestic industry-policies now thought to be at odds with sustainable and desirable rates of economic growth. By contrast, many East Asian nations maintained exchange rate regimes designed to achieve an attractive climate for exports and an "outer-oriented" development strategy. The result has been rapid and consistent economic growth over the past few decades. Changes in Exchange Rates in Rapidly Developing Countries explores the impact of such diverse exchange control regimes in both historical and regional contexts, focusing particular attention on East Asia. This comprehensive, carefully researched volume will surely become a standard reference for scholars and policymakers. 410 0$aNBER-East Asia Seminar on Economics (Series) ;$vv. 7. 606 $aForeign exchange rates$zDeveloping countries$vCongresses 606 $aForeign exchange rates$zEast Asia$vCongresses 606 $aForeign exchange$xGovernment policy$zDeveloping countries$vCongresses 606 $aForeign exchange$xGovernment policy$zEast Asia$vCongresses 615 0$aForeign exchange rates 615 0$aForeign exchange rates 615 0$aForeign exchange$xGovernment policy 615 0$aForeign exchange$xGovernment policy 676 $a338.4/56/091724 701 $aIto$b Takatoshi$f1950-$0116437 701 $aKrueger$b Anne O$0228886 712 12$aNBER-East Asia Seminar on Economics 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910824169003321 996 $aChanges in exchange rates in rapidly developing countries$94085033 997 $aUNINA