01595cas a2200253 a 4500 AALejournalIMF002851 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451851328 1018-5941 BD-DhAAL BD-DhAAL Marion, Nancy. Exchange Rate Regime Choice / Nancy Marion, Robert Flood. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (9 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Traditionally the choice of exchange rate regime has been seen as a second-best policy choice, which can be directed toward mitigating the distortionary effects of price or information rigidities. In this paradigm the optimal degree of exchange rate flexibility is found to depend of the source and nature of shocks hitting an economy. More recent literature views the exchange rate as a widely and frequently seen manifestation of government policy with careful exchange-rate management emerging as a tool that can enhance shaky policy credibility. Mode of access: Internet Flood, Robert. IMF Working Papers; Working Paper ; No. 1991/090 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/090/001.1991.issue-090-en.xml IMF e-Library