Pegging and Macroeconomic Performance in East Asia.

摘要

Contents: Introduction; Pegging and macroeconomic discipline; Pegging and output; Pegging and floating in East Asia; Pegging and macroeconomic outcomes; Inflation and growth; Budget growth, nominal and real money growth; External sector; Comparison with full sample of developing countries; Macroeconomic outcomes around currency crisis episodes; Inflation and output; Budget balance, Nominal and real M2; External sector; Summary and conclusions.