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Book Synopsis
This book examines the determinants of real exchange rates (RERs), with an emphasis on the roles of a pegged exchange rate regime and capital account opening in driving the persistent real exchange rates appreciation in the lead-up to the 1997 currency crisis, through an in-depth case study of Thailand. The book aims to inform the debate, rekindled by the recent currency crises in emerging market economies, on exchange rate policy choice and the timing and sequencing of capital account opening.

Capital Mobility, Exchange Rate Regimes &

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    A Hardback by Juthathip Jongwanich

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      Publisher: Nova Science Publishers Inc
      Publication Date: Publication Date: 27/09/2007
      ISBN13: 9781600214486, 978-1600214486
      ISBN10: 1600214487

      Description

      Book Synopsis
      This book examines the determinants of real exchange rates (RERs), with an emphasis on the roles of a pegged exchange rate regime and capital account opening in driving the persistent real exchange rates appreciation in the lead-up to the 1997 currency crisis, through an in-depth case study of Thailand. The book aims to inform the debate, rekindled by the recent currency crises in emerging market economies, on exchange rate policy choice and the timing and sequencing of capital account opening.

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