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THE INTERNATIONAL MONETARY FUND AND EXCHANGE RATE CRISIS MANAGEMENT

Chong Yah Lim

The Singapore Economic Review (SER), 2007, vol. 52, issue 03, 285-294

Abstract: The article analyzes the limits of the IMF as a global multilateral economic agency to handle serious balance of payments disequilibria. Capital control and growth rates in developing Asia and the twin deficit problem of the United States are also discussed. It also assesses the probability of the reemergence of an exchange rate crisis in Southeast Asia and the wisdom of having an Asian IMF.

Keywords: Exchange rate crisis; capital control; growth rates in China and ASEAN; East Asian financial crisis; US twin deficits; IMF; AMF (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1142/S0217590807002725

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