Christopher Lingle: June 2005 Archives

Seoul Searching for More Intervention

Finance-Economy Minister Han Duck-soo has declared that Seoul will bear the costs to curb further appreciation of the won against the U.S. dollar. The reason for accepting the burden of intervention efforts in foreign currency markets is to maintain the... Read More

Beijing and the Bubble

China is in the grips of a rapidly expanding property bubble. Prices are up 12.5 percent in the first quarter compared with a year earlier. Shanghai's property market bubble is more severe. The increase was 19 percent in the first... Read More

Towards a More Perfect Asian Union?

Following the experiences in the euro-zone region of Europe, a common currency area for Asia has been widely discussed. Among the presumed benefits of regional coordination of exchange-rate policies is the reduction of currency volatility that could encourage great Read More

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