Kniha Exchange Rate Misalignment Peter J. Montiel

Exchange Rate Misalignment

Concepts and Measurement for Developing Countries

Jazyk: Angličtina
Vazba: Pevná
Dostupnost: Skladem u dodavatele
Odesíláme za 10-18 dnů
2 704
The 1994 devaluation of CFA francs in West Africa, the Mexican currency crisis in that same year, an...

Informace o knize

Jazyk
Angličtina
Vazba
Kniha - Pevná
Vydáno
1999
Stránek
632
EAN
9780195211269
ISBN
019521126X
Enbook ID
04516885
Hmotnost
1114
Rozměry
319 x 161 x 49

Kompletní popis

The 1994 devaluation of CFA francs in West Africa, the Mexican currency crisis in that same year, and the Asian crises that erupted in mid-1997 are reminders of the severe dislocations that can be caused by exchange rate misalignment. However, a consensus on the importance of preventing exchange rate misalignment has not provided systematic guidance on definitions and measurement. Macroeconomic disruptions support the argument that growing financial integration has increased the urgency of providing accurate measures of long-run equilibrium exchange rates. For its analytical depth and its practical techniques for measurement, this resource is aimed at policymakers and foreign exchange specialists in both the public and private sectors.

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