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Exchange Rate Regimes in the SEACEN Countries

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  • Y.M.W.B. Weerasekera

Abstract

This paper examines some of the important guidelines, such as the degree of openness, extent of import and export diversification, level of financial development and integration, the domestic price stability and international competitiveness, with regard to the experience of the SEACEN countries. It then provides some useful hints as to the effectiveness, or the lack of it, of the traditional criteria used to assess the suitability of exchange rate regimes. The paper also presents an overview of the types of exchange rate regimes that have evolved over the years, with particular emphasis on their merits and demerits.

Suggested Citation

  • Y.M.W.B. Weerasekera, 1992. "Exchange Rate Regimes in the SEACEN Countries," Staff Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number sp41, April.
    • Handle: RePEc:sea:spaper:sp41
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    File URL: http://www.seacen.org/GUI/pdf/publications/staff_paper/1992/SP41.pdf
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