Fung, Loretta; Liu, Jin-Tan - In: Japan and the World Economy 21 (2009) 1, pp. 85-96
Taiwan experienced large depreciations of its currency, the New Taiwan (NT) dollar, in the late 1990s. The largest real depreciation, 13 per cent, occurred during the East Asian Financial Crisis. Since Taiwan was subjected neither to the economic turmoil of the crisis itself nor to the...
