Monetary Autonomy in Select Asian Economies : Role of International Reserves

Preprint OPEN
Hiroyuki Taguchi; Geethanjali Nataraj; Pravakar Sahoo;
  • Subject: monetary autonomy, financial integration, currency regime, foreign reserves, Asian emerging market economies, fear of floating
    • jel: jel:E52 | jel:F33 | jel:F41

This paper examines the trends in monetary autonomy and its interaction with financial integration, currency regime and foreign reserves for the past two decades in select Asian countries viz., Thailand, Korea, Indonesia, Philippines, and India. Our main findings are as... View more
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