
Exchange Rate Regimes in the Modern Era
An analysis of the operation and consequences of exchange rate regimes in an era of increasing international interdependence.
The exchange rate is sometimes called the most important price in a highly globalized world. A country''s choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, ...
An analysis of the operation and consequences of exchange rate regimes in an era of increasing international interdependence.
The exchange rate is sometimes called the most important price in a highly globalized world. A country''s choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, ...
