ASYA ÜLKELERİNİN DÖVİZ KURU SEÇİMİNİ ETKİLEYEN FAKTÖRLER

Year 2018, , 373 - 384, 30.12.2018

Nuray Terzi

https://doi.org/10.17261/Pressacademia.2018.1004

Abstract

Amaç - Her bir kur sisteminin kendine has özellikleri, avantaj ve dezavantajı ülke ekonomisinin finansal istikrarı üzerinde belirleyici rol oynamaktadır. Bu nedenle doğru döviz kuru sisteminin seçimi ülkelerin ekonomik performansı açısından önemlidir. Bu çalışma Asya ekonomilerinin döviz kuru seçimini etkileyen faktörleri incelemeyi amaçlamaktadır.

Metodoloji – Asya ekonomilerinin döviz kuru seçimini etkileyen faktörler teorik bir çerçevede incelenecektir. IMF raporları ışığında, Asya ülkelerinin döviz kuru politikaları verilecek ve ilgili literatür değerlendirilecektir.

Bulgular- Döviz kuru seçiminde hem ulusal hem de uluslararası faktörler etkili olmaktadır. Ekonomi politikaları, kurumlar ve rejimler, ulusal faktörler arasında yer alırken, uluslararası faktörler ABD’nin politikası, uluslararası kurumlar ve finansal krizleri içermektedir.

Sonuç- Döviz kuru seçiminde, Asya ekonomileri zamanın değişen şartlarına göre uygun pozisyon almayı tercih etmişlerdir. Küresel ekonomik ve siyasi ilişkilerin artması döviz kuru sistemlerini etkilemekte ve rekabetçi döviz kurlarının uygulanmasını teşvik etmektedir.

Keywords

Döviz kuru politikaları, Asya ülkeleri, finansal krizler, ekonomi politikaları, politik ekonomi

FACTORS AFFECTING THE CHOICE OF EXCHANGE RATE OF ASIAN COUNTRIES

Abstract

Purpose - The unique features of each exchange rate system, the advantage and disadvantage of them play a decisive role on the financial stability of the country's economy. Therefore, the choice of the right exchange rate system is important for the economic performance of the countries. This study aims to examine the factors affecting the choice of exchange rate of Asian countries.

Methodology - The factors affecting exchange rate selection of Asian economies will be studied within a theoretical framework. In the light of IMF reports, exchange rate policies of Asian countries will be given and relevant literature will be evaluated.

Findings- Both national and international factors are effective in the exchange rate selection. While economic policies, institutions and regimes are among national factors, international factors include US policy, international institutions and financial crises.

Conclusion- In the choice of the exchange rate, Asian economies prefer to take appropriate positions according to the changing conditions of time. The increase in global economic and political relations affects exchange rate systems, and therefore encourages the implementation of competitive exchange rates.

Keywords

Exchange rate policies, Asian countries, financial crisis, economy policies, political economy

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