Currency Crises and the Modified Currency Board System in Singapore Journal Articles

abstract

• This paper argues that the currency board system, while ideal for developing countries, will need to be modified for the more advanced developing countries like Singapore. Serious conflicts between internal and external targets could be minimized if it is modified by allowing some flexibility in the exchange rate. Lessons from Singapore on controlling inflation and warding off currency attacks were drawn to support the argument.

authors

• Chan, Kenneth Sy
• Ngiam, Kee‐jin

status

• published 

publication date

• October 1998

has subject area

• 14 Economics (FoR)
• Economics (Science Metrix)

published in

• Pacific Economic Review  Journal

keywords

• 38 Economics
• 3802 Econometrics

Digital Object Identifier (DOI)

• 10.1111/1468-0106.00055

start page

• 243

end page

• 263

volume

• 3

issue

• 3