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Exchange Rate Regimes and Macroeconomic Stability

Exchange Rate Regimes and Macroeconomic Stability

Hardcover

EconomicsInvesting & Finance

ISBN10: 1402072872
ISBN13: 9781402072871
Publisher: Springer Nature
Published: Oct 31 2002
Pages: 253
Weight: 1.31
Height: 0.84 Width: 6.16 Depth: 9.74
Language: English
The Asian crisis of 1997-1998 was a major influence on macroeconomic thinking concerning exchange rate regimes, the functioning of international institutions, such as the IMF and the World Bank, and international contagion of macroeconomic instability from one country to another.
Exchange Rate Regimes and Macroeconomic Stability offers perspectives on these issues from the viewpoints of two Nobel Laureates, an IMF economist, and Asian economists. This book contributes new ideas to the ongoing debate on the role of domestic monetary authorities and international institutions in reducing the likelihood of international financial crises, as well as the problems associated with various exchange rate regimes from the standpoint of macroeconomic stability.

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