Exchange-rate Policies For Emerging Market Economies

Name: Exchange-rate Policies For Emerging Market Economies
Brand: Taylor & Francis

Taylor & Francis

This volume deals with the most important international aspect of the costs of inconsistencies between the domestic and international aspects of national financial policies and the challenges to national monetary policies in emerging market economies the choice of exchange rate regime. > With the loss of Soviet control in Central and Eastern Europe, as well as the move toward economic liberalization in many developing countries, a huge increase in the number of convertible currencies in the world has occurred. A key aspect of the management of these currencies involves their relationships with the world economy, which is determined > Introduction -- Fixed vs Flexible Exchange Rates: The Debate Continues -- The Case for Hard Currency Strategies for Emerging Market Economies -- Is Optimum Currency Area Theory Irrelevant for Economies in Transition? -- The Relevance of the Optimum Currency Area Approach for Exchange Rate Policies in Emerging Market Economies -- Exchange Rate Peggis