Exchange Rate Arrangements : Theory and Empirical Applications on Emerging Market Economies

P(論文)So many literatures have been written for the choice of exchange rate regimes since the financial crisis of 1932. But most of them are focused mainly on the exchange regime of developed countries, but not since recently through the currency crisis of the 1990s that the focused is shifted into the emerging market economies. My primary aim is to clarify issues between the inter-relationship between foreign exchange movements (depreciation/appreciation) and economic performance of the 1990s crisis countries. simple solutions to the problems confronted in the recent crises involving emerging market economies, other than to give an analysis based from the available empirical evidence and theoretical insights for the crisis countries of 1990s and to deduct some conclusion base from this analysis.departmental bulletin pape