Asia Sentinel

Asia Sentinel

It isn't QE2 that's flooding Asia with Hot Money

Our Correspondent
Dec 09, 2010
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See also: East Asia's Exchange-Rate Disparities

One piece of received wisdom, accepted also in the ADB report, is that developing Asia has been the none-too-welcome recipient of a flood of money created by US quantitative easing and similar policies in other developed countries. This is said to have pushed up their currencies and asset prices, justifying…

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