Evolution and performance of exchange rate regimes /

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Bibliographic Details
Imprint:	Washington, DC : International Monetary Fund, 2004.
Description:	1 online resource (vii, 55 pages) : illustrations.
Language:	English
Series:	Occasional paper ; 229 Occasional paper (International Monetary Fund) ; no. 229.
Subject:	Foreign exchange rates. Foreign exchange rates -- Developing countries. Inflation (Finance) Business cycles. Money -- Tables. Business cycles. Foreign exchange rates. Inflation (Finance) Developing countries.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12500671

Hidden Bibliographic Details
Other authors / contributors:	Rogoff, Kenneth S., author.
ISBN:	1589063279 9781589063273 1452756074 9781452756073 1462314872 9781462314874 145277420X 9781452774206
Notes:	Includes bibliographical references (pages 50-53). English.
Summary:	The issue of the appropriate exchange rate regime for individual countries has been perennially lively, and the role played by international capital flows and domestic financial systems in determining the performance of these regimes has gained prominence in the policy debate. Using recent advances in the classification of exchange rate regimes, the key message in this paper is that, as economies and their institutions mature, the value of exchange rate flexibility increases. This study assesses the historical durability and performance of alternative exchange rate regimes, with special focus on developing and emerging market countries. It describes trends in the distribution of regimes and examines the transitions between regimes. It also reviews the performance of exchange rate regimes in terms of inflation and business cycles.
Other form:	1589063279

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Evolution and performance of exchange rate regimes /

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