Social and Behavioral Sciences Commons^™

The Effect Of A Collective Exchange Rate Adjustment On East Asian Exports, Mizanur Rahman, Kaliappa P. Kalirajan

Mizanur Rahman

This paper estimates long-run effects of a collective exchange rate adjustment on multilateral exports from China, Japan, South Korea, and Taiwan. The findings show that a 1 percent generalized appreciation of all East Asian exchange rates would reduce East Asian exports by about 3 per cent.