A Regional Exchange Rate System for East Asia? Lessons of the European Monetary System

Author(s):  
Ulrich Volz
Author(s):  
Edy Rahmantyo Tarsilohadi

Indonesia do want make the right Exchange Rate System, with be back to the Fixed Exchange Rate. In this paper, because of the economic condition and the environment monetary system, so the best system is still the Flexible Exchange Rate.


1994 ◽  
Vol 5 (4) ◽  
pp. 347-360 ◽  
Author(s):  
Stefano M. F. G. Cavaglia ◽  
Kees G. Koedijk ◽  
Peter J. G. Vlaar

2016 ◽  
Vol 16 (3) ◽  
pp. 459-478 ◽  
Author(s):  
Pompeo Della Posta

The recent euro area crisis shows some similarities with the fixed exchange rate crisis that affected the European Monetary System in 1992–93. I argue that the theoretical framework to be used in order to analyze them should also be similar. As a matter of fact, in both cases, the point of view of the government (that compares costs and benefits of its action) should be considered together with the point of view of speculators, who look at the state of the economic fundamentals in order to decide whether to launch an attack or not. This allows to represent and to interpret, among other things, both the initial “honeymoon” years of EMU and the recent euro area crisis.


Economica ◽  
1991 ◽  
Vol 58 (230) ◽  
pp. 261
Author(s):  
George Alogoskoufis ◽  
F. Giavazzi ◽  
A. Giovannini

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