Foreign exchange US Dollar Vietnamese Dong Parallel exchange rate paradigm
Abstract: Foreign exchange system has become increasingly important to all open
economies. Facing a harsh integration into the world economy, Vietnam's foreign exchange
management policy exhibits a critical issue for the upcoming economic development
process. Up until now, several researchers have utilized classical models to enlighten the
forex dynamics in Vietnam, such as those of Mundell-Fleming or financial crisis by Krugman,
Flood-Garber. Most studies focus on three states of the foreign exchange management: ...