Exchange Rate Regimes and Macroeconomic Stability (Hardcover, 2003)

List of Contributors. Foreword; A. Razin. Acknowledgements. 1. Introduction; Lok-Sang Ho, Chi-wa Yuen. Part 1: The Asian Currency Crisis: Responses and Policy Options. 2. Lessons from the Asian Financial Crisis, and the Prospects for Resuming High Growth; Wing Thye Woo. 3. Financial Market Stability, Monetary Policy, and the IMF; J. Stiglitz. 4. The IMF Approach to the Asian Currency Crises: An Alternative View; C. Adams. 5. Does Asia Need a Common Currency?R. Mundell. 6. Recommending a Currency Basket System for Emerging East Asia; M. Kawai. Part 2: Monetary Policy, Exchange Rate Regimes, and Macroeconomic Stability. 7. A Comparative Analysis of Exchange Rate Regimes; N. Yoshino, et al. 8. Bringing about Realistic Exchange Rates: A Post-Asian Financial Crisis Perspective; Lok Sang Ho. 9. Contemplating the Credibility of Currency Boards; C. Ho. 10. Currency Board, Asian Financial Crisis, and the Case for Put Options; F.T. Lui, et al. 11. The Currency Board in Hong Kong: Operational Weaknesses and a Proposed Refinement Scheme; A.W.H. Chan. Postscript. Understanding Crises; Chi-Wa Yuen. Index.