Abstract

Amaç - Sürdürülemez döviz kuru politikalarının finansal krizlere yol açması, ekonomideki tartışmaların odak noktasını oluşturmaktadır. Küresel finansal krizi, bu tartışmaları yeniden gündeme gelmiştir. Bu nedenle, çalışma seçili Asya ekonomilerinin döviz kuru politikalarını analiz etmeyi amaçlamaktadır.

Metodoloji - Asya ekonomilerinin döviz kuru politikaları teorik bir çerçevede değerlendirilecektir. IMF raporları ışığında, Asya ülkelerinin döviz kuru politikaları incelenecek ve ilgili literatür değerlendirilecektir.

Bulgular- Asya ekonomilerinin döviz kuru politikaları çok sık değişmiştir. Sabit döviz kurlarından esnek oranlara geçiş yapsalar da piyasaya müdahale etmeyi tercih etmektedirler. Döviz kuru politikalarında hem ekonomik hem de politik faktörlerin etkileri gözlenmektedir.

Sonuç- Asya ekonomilerinin dünya entegrasyonundaki artış, döviz kuru politikalarını etkilemektedir. Döviz kuru politikalarında hem iç faktörler hem de dış faktörler etkili olmaktadır.

Keywords

• Döviz kurları,politik ekonomi,Asya ekonomileri,finansal krizler,ekonomi politikaları

AN ANALYSIS OF EXCHANGE RATE POLICIES OF ASIAN ECONOMIES

Abstract

Purpose- The fact that unsustainable exchange rate policies lead to financial crises becomes the focus of debates in economics. With the global financial crisis, these debates has been revived. Therefore, this study aims to analyze the exchange rate policies of selected Asian economies.

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

Findings- The exchange rate policies of Asian economies have constantly changed. They preferred to intervene in the market, even if they switched from fixed exchange rates to flexible rates. The effects of both economic and political factors are observed in exchange rates policies.

Conclusion- The increase in world integration of Asian economies affects exchange rate policies. Both internal factors and external factors were influential in exchange rate policies.

Keywords

• Exchange rate,political economy,Asian economies,financial crisis,economy policies

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