Fixed or flexible? : getting the exchange rate right in the 1990s /
By: Caramazza, Francesco.
Contributor(s): Bercuson, Kenneth | Carling, Robert G.
Material type:
BookSeries: Publisher: USA: International Monetary Fund, c1997Description: iii, 18p. : ill.ISBN: 1557754632 (recycled paper).DDC classification: 332.11
| Item type | Current location | Call number | Status | Date due |
|---|---|---|---|---|
ទិនានុប្បវត្តិ
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បណ្ណាល័យសេដ្ឋកិច្ច | 332.11 1998 (Browse shelf) | Not for loan |
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This paper examines the recent evolution of exchange rate policies in the developing world. It looks at why so many countries have made the transition from fixed or pegged exchange rates to managed floating or independently floating currencies. It discusses how economies perform under different exchange rate arrangements, issues in the choice of regime, and the challenges posed by a world of increasing capital mobility, especially when banking sectors are inadequately regulated or supervised.
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