9780881322934

Exchange Rate Regimes for Emerging Markets

Format: Paperback

ISBN13: 9780881322934

Paperback|9780881322934


Overview

In the aftermath of the Asian/global financial crises of 1997-98, how should emerging markets now structure their exchange rate systemsto prevent new crises from occurring? This study challengescurrent orthodoxy by advocating the revival of intermediate exchangerate regimes. In so doing, Williamson presents a reasoned challenge tothe new prevailing attitude that claims that all countries involved in the international capital markets need to polarize to one of the extreme regimes (to a fixed rate with either a currency board or dollarization, or to a lightly-managed float). He concludes that although there is some truth in the allegation that intermediate regimes are vulnerable to speculative crises, they still offer offsetting advantages. He also contends that it would be possible to redesign them to be more flexible so as to reduce their vulnerability to crises.

ISBN-13

9780881322934

ISBN-10

0881322938

Weight

0.34 Pounds

Dimensions

2.94 x 0.94 x 6.32 In

List Price

$15.95

Edition

1st Edition

Format

Paperback

Language

English

Pages

108 pages

Publisher

Peterson Institute for International Economics

Published On

2000-09-01



View All Offers

Sort by:

Condition
Seller
Seller Comments
Price
Brand New
Seller details
Alibris
★★★★★

Sparks, NV, USA

Print on demand Trade paperback (US). Glued binding. 108 p. Policy Analyses in International Econom...
$22.48

 Free delivery by: 05 Apr 2026

Used, Good
Seller details
Bonita
★★★★☆

Santa Clarita, CA, USA

Access codes and supplements are not guaranteed with used items. May be an ex-library book.
$38.08

 Free delivery by: 05 Apr 2026


Bookstores.com relies on cookies to improve your experience.