02022cas a2200277 a 4500 AALejournalIMF012889 230101c9999 xx r poo 0 0eng d 15.00 USD 9781589063273 0251-6365 BD-DhAAL BD-DhAAL Brooks, Robin. Evolution and Performance of Exchange Rate Regimes / Robin Brooks, Kenneth Rogoff, Ashoka Mody, Nienke Oomes. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (62 pages) Occasional 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 The issue of the appropriate exchange rate regime for individual countries has been perennially lively, and the role played by international capital flows and domestic financial systems in determining the performance of these regimes has gained prominence in the policy debate. Using recent advances in the classification of exchange rate regimes, the key message in this paper is that, as economies and their institutions mature, the value of exchange rate flexibility increases. This study assesses the historical durability and performance of alternative exchange rate regimes, with special focus on developing and emerging market countries. It describes trends in the distribution of regimes and examines the transitions between regimes. It also reviews the performance of exchange rate regimes in terms of inflation and business cycles. Mode of access: Internet Mody, Ashoka. Oomes, Nienke. Rogoff, Kenneth. Occasional Papers; Occasional Paper ; No. 2004/004 Full text available on IMF http://elibrary.imf.org/view/books/084/02141-9781589063273-en/02141-9781589063273-en-book.xml IMF e-Library