Exchange Rate Bands and Shifts in the Stabilization Policy Regime : Issues Suggested by the Experience of Colombia /

After 25 years, the Colombian authorities decided to abandon the crawling peg exchange rate policy and implement a regime of nominal exchange rate bands. Initial conditions in Colombia contrast sharply with those of other cases in which bands were part of an ongoing effort to reduce high inflation....

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Detalhes bibliográficos
Autor principal: Carrasquilla, Alberto
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1995.
Colecção:IMF Working Papers; Working Paper ; No. 1995/042
Acesso em linha:Full text available on IMF