Current Account Imbalance and Exchange Rate Policy

The sharp rise in the price of crude oil during the latter half of 1990 resulting from the Middle East crisis brings to the fore the issue of the impact of external shocks to the economies in the Asian and Pacific region and how to respond to such shocks. The immediate impact of the Middle East cris...

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Bibliographic Details
Main Author: Ponciano S. Intal
Format: Article
Language:English
Published: World Scientific Publishing 1991-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110591000052