Exchange Rate Movements and Their Impact on Trade and Investment in the APEC Region

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Exchange Rate Movements and Their Impact on Trade and Investment in the APEC Region by Takatoshi Ito, Tamim Mr. Bayoumi, Peter Mr. Isard, Steven Mr. Symansky, INTERNATIONAL MONETARY FUND
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Author: Takatoshi Ito, Tamim Mr. Bayoumi, Peter Mr. Isard, Steven Mr. Symansky ISBN: 9781452792361
Publisher: INTERNATIONAL MONETARY FUND Publication: December 4, 1996
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Takatoshi Ito, Tamim Mr. Bayoumi, Peter Mr. Isard, Steven Mr. Symansky
ISBN: 9781452792361
Publisher: INTERNATIONAL MONETARY FUND
Publication: December 4, 1996
Imprint: INTERNATIONAL MONETARY FUND
Language: English

The 18 members of the Asia-Pacific Economic Cooperation Council (APEC) encompass not only a wide geographic area but also broad differences in stages of economic development, including among them some of the fastest- growing economies in the world. Such rapid growth has been ficilitated by high levels of investment and trade, international linkages, and, in most APEC economies, macroeconomic policies that have sustained growth while not sparking excessive inflation. This study offers insights about how medium and long-term changes in real exchange rates have affected international (and intra-APEC) trade and investment in the region.

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The 18 members of the Asia-Pacific Economic Cooperation Council (APEC) encompass not only a wide geographic area but also broad differences in stages of economic development, including among them some of the fastest- growing economies in the world. Such rapid growth has been ficilitated by high levels of investment and trade, international linkages, and, in most APEC economies, macroeconomic policies that have sustained growth while not sparking excessive inflation. This study offers insights about how medium and long-term changes in real exchange rates have affected international (and intra-APEC) trade and investment in the region.

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