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Balance of Payments, Exchange Rates, and Competitiveness in Transition Economies
Hardcover
ISBN13: 9780792384229
Publisher: Springer Nature
Published: Dec 31 1999
Pages: 488
Weight: 1.92
Height: 1.06 Width: 6.14 Depth: 9.21
Language: English
An understanding of the principles involved and of the experiences of both transition and advanced economies during this process is crucial to ensure its ultimate success. Written by internationally recognized scholars, the chapters cover these issues in a systematic manner. The first section treats current account developments, capital flows, and exchange rate policies in transition countries, the second section deals with specific issues related to international trade, and the final section consists of six specific country experiences. In this final section, a chapter dealing with the Russian Federation discusses the collapse of the ruble in August 1998.
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