mixed material bibliography Hong Kong Dow Jones 1998

108 p. : 30 cm. Determining the “fair value” of a currency isnÂ’t an easy task. Economists donÂ’t agree on what that value is or how to calculate it. Even if they did, the theoretical fair value wouldnÂ’t necessarily match the currencyÂ’s market price in the short term or in the long term. Still, there is a broad agreement on some basic ideas about the way currencies behave. While not a precise recipe, economic theory does offer some useful guideposts to the direction of foreign-exchange rates over the long term. The global economies were vulnerable to turmoil as Asia struggles to contain the financial fallout from money meltdown. Social unrest has been increasing throughout Indonesia, and Hong Kong’s soaring interest rates have contributed to mass bankruptcies. A potential breakdown in international commerce limits as protectionist resentment aimed at countries threatens to undermine decades of progress toward global free trade. This book containing news articles from the AWSJ on what happened in Asia when the crisis hit them after 1997. From how the Thai Economy act as the oddball of Asian Four to how Asia turns to the market for new funds. It also contains diverse opinions from the AWSJ’s Op-Ed Pages about what had happened in Asia such as that Asia’s devaluations may not cure for its problems to how global Fixed-Exchange-Rate System may be the key to solving economic crisis in Asia. Last but not least, this book containing the AWSJ’s editorial opinions such as will IMF plan for Indonesia abolish Guanxi? JQHE 313 55 Perpustakaan - Sekolah Tinggi Manajemen PPM Pusat Informasi Manajemen JQHE 313 55 Asi 4670 1999-04-21 00:00:00 2006-11-20 00:00:00 machine generated