Taiwan's exchange rate and macroeconomic policies over the business cycle
Journal
Singapore Economic Review
Journal Volume
55
Journal Issue
3
Pages
435-457
Date Issued
2010
Author(s)
Abstract
This paper investigates exchange rate and monetary policies over the business cycle in Taiwan. We first characterize the business cycle dynamics in Taiwan and identify foreign shocks as the main cause of any fluctuations. We then briefly review the exchange rate system and policy operating in Taiwan since the early 1980s. Finally, we investigate the current recession, and discuss how the Taiwanese government is dealing with the economic slowdown.
SDGs
Type
journal article