Are Emerging Market Countries Learning to Float? /

The paper finds that exchange rate flexibility in emerging market countries has increased over the past decade. This "learning to float" appears to have involved a strengthening of monetary and financial policy frameworks aimed at directly addressing the key vulnerabilities that give rise...

Full description

Bibliographic Details
Main Author: Hakura, Dalia
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Working Papers; Working Paper ; No. 2005/098
Online Access:Full text available on IMF