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Fixed or Flexible? Getting the Exchange Rate Right in the 1990s »
Book
Series: Economic Issues
Author(s): Jahangir Aziz , and Francesco Caramazza
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 April 1998
DOI: http://dx.doi.org/10.5089/9781455220038.051
ISBN: 9781455220038
Keywords: exchange rate, capital inflows, exchange rates, flexible exchange rate, exchange rate arrangements
This paper examines the recent evolution of exchange rate policies in the developing world. It looks at why so many countries have made a transition from fixed or "pegged" exchange rates to "managed floating" curre...

Fixed or Flexible? Getting the Exchange Rate Right in the 1990s »
Chapter
Source: Fixed or Flexible? Getting the Exchange Rate Right in the 1990s
Series: Economic Issues
Author(s): Jahangir Aziz , and Francesco Caramazza
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 April 1998
ISBN: 9781455220038
Keywords: exchange rate, capital inflows, exchange rates, flexible exchange rate, exchange rate arrangements
Analysts agree that “getting the exchange rate right” is essential for economic stability and growth in developing countries. Over the past two decades, many developing countries ha...

Front Matter »
Front Matter
Source: Fixed or Flexible? Getting the Exchange Rate Right in the 1990s
Series: Economic Issues
Author(s): Jahangir Aziz , and Francesco Caramazza
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 April 1998
ISBN: 9781455220038
Keywords: exchange rate, capital inflows, exchange rates, flexible exchange rate, exchange rate arrangements
This paper examines the recent evolution of exchange rate policies in the developing world. It looks at why so many countries have made a transition from fixed or "pegged" exchange rates to "managed floating" curre...