The results highlight the conflicting interests of countries — to stabilize exchange rates or to keep the option of exchange rate depreciation in order to maintain competitiveness of domestic tradable producers. With deepening integration in East Asia, however, the desire for exchange rate...

The results highlight the conflicting interests of countries - to stabilize exchange rates or to keep the option of exchange rate depreciation in order to maintain competitiveness of domestic tradable producers. With deepening integration in East Asia, however, the desire for exchange rate...

Das Buch gibt eine historische und strukturelle Analyse der Wirtschaft in Zentralasien wieder. Besonders über die wirtschaftliche Entwicklung der seit kurzem unabhängigen Länder wie Usbekistan und Kasachstan wird berichtet. Im ersten Teil des Buches werden Hintergrundsinformationen über die...

How should the economic performance of the Central Asian countries during the 1990s be measured? The most commonly used indicator is GDP, even though GDP estimates for transition economies are known to suffer from conceptual and methodological shortcomings. This paper combines national accounts...