• Dila Vindayani Ministry of Trade
  • Dedi Budiman Hakim IPB University
  • Alla Asmara IPB University
Keywords: exchange rate misalignment, non-tarif measures, safeguards, ASEAN, ACFTA


The purposes of this study are to analyze the occurence of exchange rate misalignment and its effect on non-tariff policy in ASEAN-5. We use Panel Dynamic OLS to estimate the equilibrium real exchange rate, while for determining the opportunities of the Non-Tariff Measures (NTMs) such as safeguards measures;we use Conditional Fixed-Effects Logistic Regression. The results shows that the magnitude of exchange rate misalignment tends to be large when specific country has a domestic turmoil. In addition, undervalued currrency of exporting country will increase the chances of safeguards measures enforcement from partner countries.


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How to Cite
Vindayani, D., Hakim, D., & Asmara, A. (2015). PENGARUH MISALIGNMENT NILAI TUKAR TERHADAP KEBIJAKAN SAFEGUARDS DI ASEAN-5. Buletin Ekonomi Moneter Dan Perbankan, 18(1), 61-84.