Too sensational : on the choice of exchange rate regimes /
Most of the literature on exchange rate regimes has focused on the developed countries. Since the recent crises in emerging markets, however, attention has shifted to the choice of exchange rate regimes for developing countries, especially those that are more integrated into the world capital market...
Call Number: | Libro Electrónico |
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Main Author: | |
Format: | Electronic eBook |
Language: | Inglés |
Published: |
Cambridge, Mass. :
MIT Press,
©2002.
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Series: | Ohlin lectures ;
9. |
Subjects: | |
Online Access: | Texto completo |
Table of Contents:
- A long history
- Two regimes and three approaches
- The fixed-but-adjustable exchange rate regime
- In-between regimes
- The real targets approach: a diagrammatic interlude
- What role for fiscal policy?
- Contractionary devaluation and unhedged foreign-currency-denominated borrowing
- Openness and the size of the economy: how do they affect regime choice?
- Lessons from Latin America: Chile, Brazil, Mexico
- Argentina's great currency board experiment
- Lessons from Asia
- Lessons from Europe
- The exchange rate regime: too sensational, hollowed out, unimportant.