Global Economic Effects of the Asian Currency Devaluations

by Marcus Noland, Sherman Robinson, Li-Gang Liu

The Asian financial crisis has precipitated significant changes in real exchange rates in the region that will substantially alter the volume and pattern of international trade. The crisis countries will increase their exports and, especially, reduce their imports. Japan, China, and the other non-crisis countries will experience more complex changes. The trade balances of the United States and Western Europe will deteriorate by about $40-50 billion...

• Format: Paperback
• Language: English
• ISBN: 0881322601
• ISBN13: 9780881322606
• Release Date: January 1998
• Publisher: Peterson Institute for International Economic
• Length: 128 Pages
• Weight: 0.40 lbs.
• Dimensions: 0.3" x 6.0" x 9.0"