International Transmission of Interest Rates and the Open Economy Trilemma in Asia

• Main Author: CHOW, Hwee Kwan
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2014
• Subjects: Interest rate transmission; open economy trilemma; global financial crisis; Asia; Asian Studies; Economics; Finance; International Economics
• Online Access: https://ink.library.smu.edu.sg/soe_research/1649; https://ink.library.smu.edu.sg/context/soe_research/article/2648/viewcontent/InternationalTransmission_InterestRatesTrilemma_2014.pdf
• Institution: Singapore Management University

There has recently been much discussion on the relevance of the open economy trilemma in the context of deepening financial integration of countries across the world (see for instance, Rey (2013) and Devereux and Yetman (2014)). The open economy trilemma is an important issue for the countries in As...