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The exchange rate policy in Vietnam and the "Asian crisis"

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  • Patrick GUILLAUMONT

    (Centre d'Etudes et de Recherches sur le Développement International(CERDI))

  • Sylviane GUILLAUMONT JEANNENEY

    (Centre d'Etudes et de Recherches sur le Développement International(CERDI))

Abstract

Since 1992, Vietnam has been implementing a policy aimed at anchoring its currency vis-à-vis the dollar. Does the "Asian crisis" threaten this policy? The aim of this paper is to present the arguments of this debate through an analysis of both the consequences of the Asian financial crisis on the competitiveness of the Vietnamese economy, and the risk of a new Asian crisis in Vietnam.

Suggested Citation

  • Patrick GUILLAUMONT & Sylviane GUILLAUMONT JEANNENEY, 1998. "The exchange rate policy in Vietnam and the "Asian crisis"," Working Papers 199816, CERDI.
    • Handle: RePEc:cdi:wpaper:84
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    File URL: http://publi.cerdi.org/ed/1998/1998.16.pdf
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