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文件名:  三种货币权重.pdf
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东亚共同货币篮子中三种货币的权重,What should be weights on the three major currencies for a common currency basket in East Asia,by Eiji Ogawa , Kentaro Kawasaki,发表于December 2003,Abstract: The Governments of East Asian countries have come to take a positive stance for a regional financial cooperation since they experienced the Asian currency crisis in 1997. They are establishing a network of bilateral currency swap arrangements among ASEAN+3 (China, Japan, and Korea) according to the Chiang Mai Initiatives. Moreover, a study on a regional common currency was started among the ASEAN countries. We should consider what type of regional common currency it is desirable to introduce into East Asia in the future because East Asian countries experienced the
currency crisis to learn a lesson that the monetary authorities should not adopt the de facto dollar peg system in order to prevent another currency crisis in the future. It follows that it should not be desirable to establish a regional common currency that is based on the US dollar as an anchor currency.


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