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:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Fixed or Flexible  |b Getting the Exchange Rate Right in the 1990s 
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300 |a 25 pages 
651 4 |a Hong Kong Special Administrative Region, People's Republic of China 
653 |a Government and the Monetary System 
653 |a Payment Systems 
653 |a Exchange rate arrangements 
653 |a Monetary economics 
653 |a Currency; Foreign exchange 
653 |a Regimes 
653 |a Money 
653 |a Foreign Exchange 
653 |a Standards 
653 |a Conventional peg 
653 |a Exchange rate flexibility 
653 |a Currencies 
653 |a Monetary Systems 
653 |a Exchange rates 
653 |a Money and Monetary Policy 
653 |a Foreign exchange 
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520 |a 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