Korea's Economy
From the Issue
Korea's Economy Volume 22About Korea's Economy
Korea’s Economy is KEI’s annual journal publication dedicated to the key issues of the day for the Korean economy. Articles in Korea’s Economy are designed to give the casual, but informed reader insight into issues related to Korea’s markets and financial institutions, economic reform, economic relations with the wider world, and North Korea. It is published jointly each year with the Korea Institute for International Economic Policy.
Published May 25, 2011
Download PDFThere are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who support almost any position. However, this range masks the substantial amount of agreement among a broad majority of serious students of international monetary economics. Even though economists might not agree on the exact content of optimal policy strategies, they often agree substantially about the wrong policies and the dimensions of the ballpark for appropriate policies.