Exchange Rate Choices of Microstates

WP/10/12

Exchange Rate Choices of Microstates
In this paper we first explain why most microstates (countries with less than 2 million inhabitants) have gained independence only in the last 30 years. Despite the higher costs and risks microstates face, their ability to better accommodate local preferences combined with a more integrated world economy probably explains why the benefits of... READ MORE...

Publication date: January 2010
ISBN 9781451962000
$18.00

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Publication date: January 2010

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Publication date: January 2010

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