The book investigates how Asian economies have managed their monetary and currency policies in the wake of major global financial crises. Masahiro Kawai, a distinguished fellow at the Asian Development Bank Institute, draws on the institute's research and expertise to analyze the strategies employed by Asian nations. The book examines the period following the 1997/1998 Asian financial crisis and the 2007-2009 global financial crisis, highlighting the relative resilience of these economies. It also addresses the new challenges that have emerged in the post-crisis landscape.

This publication, a joint effort by the Asian Development Bank Institute and Edward Elgar Publishing, offers a specialized analysis of monetary and currency policy management within Asian economies. The content focuses on the adaptive strategies employed by these nations in response to significant global financial disruptions, particularly the crises of 1997/1998 and 2007-2009. The book is likely to be of interest to economists, policymakers, and academics specializing in Asian economic development and international finance. Its perspective is grounded in the research and analysis conducted by the Asian Development Bank Institute.