Fixed or Flexible? : Getting the Exchange Rate Right in the 1990s /

This paper examines the recent evolution of exchange rate policies in the 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 economics perform under different exchange...

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Bibliographic Details
Main Author: Aziz, Jahangir
Other Authors: Caramazza, Francesco
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:Economic Issues; Economic Issues ; No. 1998/002
Online Access:Full text available on IMF
Description
Summary:This paper examines the recent evolution of exchange rate policies in the 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 economics perform under different exchange rate arrangements, issues in the choice of regime, and the challenges poised by a world or increasing capital mobility, especially when banking sectors are inadequately regulated or supervised.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (25 pages)
Format:Mode of access: Internet
ISSN:1020-5098
Access:Electronic access restricted to authorized BRAC University faculty, staff and students