Kniha Changes in Exchange Rates in Rapidly Developing Countries Takatoshi Ito

Changes in Exchange Rates in Rapidly Developing Countries

Theory, Practice, and Policy Issues

Jazyk: Angličtina
Vazba: Pevná
Dostupnost: Skladem u dodavatele v malém množství
Odesíláme za 13-18 dnů
3 057
The exchange rate is a crucial variable linking a nation's domestic economy to the international mar...

Informace o knize

Jazyk
Angličtina
Vazba
Kniha - Pevná
Vydáno
1999
Stránek
456
EAN
9780226386737
Enbook ID
04546061
Hmotnost
780
Rozměry
160 x 235 x 31

Kompletní popis

The exchange rate is a crucial variable linking a nation's domestic economy to the international market. Thus choice of an exchange rate regime is a central component in the economic policy of developing countries and a key factor affecting economic growth. Historically, most developing nations have employed strict exchange rate controls and heavy protection of domestic industry-policies now thought to be at odds with sustainable and desirable rates of economic growth. By contrast, many East Asian nations maintained exchange rate regimes designed to achieve an attractive climate for exports and an "outer-oriented" development strategy. The result has been rapid and consistent economic growth over the past few decades. This volume explores the impact of such diverse exchange control regimes in both historical and regional contexts, focusing particular attention on East Asia. The book should be a useful reference for scholars and policymakers.

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