Thursday , February 25 2021
Home / Book / Evolution and Performance of Exchange Rate Regimes (Occasional Paper (Intl Monetary Fund))

Evolution and Performance of Exchange Rate Regimes (Occasional Paper (Intl Monetary Fund))

The issue of the appropriate exchange rate regime for individual countries has been perennially lively, and the role played by international capital flows and domestic financial systems in determining the performance of these regimes has gained prominence in the policy debate. Using recent advances in the classification of exchange rate regimes, the key message in this paper is that, as economies and their institutions mature, the value of exchange rate flexibility increases. This study assesses the historical durability and performance of alternative exchange rate regimes, with special focus on developing and emerging market countries. It describes trends in the distribution of regimes and examines the transitions between regimes. It also reviews the performance of exchange rate regimes in terms of inflation and business cycles.

Amazon Store: amazon.com

Author: Robin Brooks, Kenneth Rogoff, Ashoka Mody, Nienke Oomes, Aasim M. Husain,

Editor/Translator: Kenneth S. Rogoff

Binding: Kindle Edition

Manufacturer: INTERNATIONAL MONETARY FUND

Number of pages: 62

Product group: eBooks

Studio: INTERNATIONAL MONETARY FUND

Publication Date: May 26, 2004

Publisher: INTERNATIONAL MONETARY FUND

Pages: 62

ASIN: B00CRE1WSG

View this book in Amazon

Ashoka Mody
Ashoka Mody is the Charles and Marie Robertson Visiting Professor in International Economic Policy at the Woodrow Wilson School, Princeton University. Previously, he was Deputy Director in the International Monetary Fund’s Research and European Departments. He received his Ph.D. in Economics from Boston University.