Comment Paper to Chapter “Lessons Learned, Lessons Not Learned and the Lessons to Be Learned: From the Asian Crisis to the European Crises”
Professor Ariyoshi’s paper states the important lessons that emerging Asian countries have learned from the past Asian currency crisis and should learn from the current European fiscal and financial crisis. While it focuses on the various aspects of these issues, I would like to make two further comments.
KeywordsExchange Rate Monetary Policy Central Bank Euro Area Capital Inflow
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