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

This paper examines the recent evolution of exchange rate policies in the 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 economics perform under different exchange...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Aziz, Jahangir
مؤلفون آخرون: Caramazza, Francesco
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1998.
سلاسل:Economic Issues; Economic Issues ; No. 1998/002
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص:This paper examines the recent evolution of exchange rate policies in the 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 economics perform under different exchange rate arrangements, issues in the choice of regime, and the challenges poised by a world or increasing capital mobility, especially when banking sectors are inadequately regulated or supervised.
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وصف مادي:1 online resource (25 pages)
التنسيق:Mode of access: Internet
تدمد:1020-5098
وصول:Electronic access restricted to authorized BRAC University faculty, staff and students