Fixed or Flexible : Getting the Exchange Rate Right in the 1990s

Getting the Exchange Rate Right in the 1990s

Nopic
This paper examines the recent evolution of exchange rate policies inthe developing world. It looks at why so many countries have made a transition from fixed or "pegged" exchange rates to "managed floating"currencies. It discusses how economies perform under different exchangerate arrangements, issues in the choice of regime, and the challenges... READ MORE...

Publication date: April 1998
ISBN 9781557756923
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