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Fixed or Flexible Getting the Exchange Rate Right in the 1990s

This paper examines the recent evolution of exchange rate policies inthe 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 economies perform under different exchangera...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1998
Series:Economic Issues
Subjects:
Government And The Monetary System
Payment Systems
Exchange Rate Arrangements
Monetary Economics
Currency; Foreign Exchange
Regimes
Money
Foreign Exchange
Standards
Conventional Peg
Exchange Rate Flexibility
Currencies
Monetary Systems
Exchange Rates
Money And Monetary Policy
Hong Kong Special Administrative Region, People's Republic Of China
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper examines the recent evolution of exchange rate policies inthe 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 economies perform under different exchangerate arrangements, issues in the choice of regime, and the challenges poised by a world of increasing capital mobility, especially when bankingsectors are inadequately regulated or supervised
Physical Description:25 pages
ISBN:9781557756923

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