The present paper describes the benefits and costs, in qualitative terms, of
managing food price instability in Asia in the context of promoting economic
growth and poverty reduction to improve food security. The experience of Asian
governments in actual practice with price stabilization is discussed in the
context of managing an efficient transition to market‐mediated food security.
Recent experi... hiện toàn bộ
Since the Asian crisis, the merit of the Chinese government's de facto peg to
the US Dollar has been the subject of widening debate. This paper reviews the
issues surrounding China's currency regime choice and assesses the case for
greater fiexibility. Reform era exchange rate policies are examined along with
the performance of the economy during and since the Asian crisis. In the Chinese
context,... hiện toàn bộ