Exchange Rate Regime Choice
AbstractThe choice of an adequate exchange rate regime proves to be a highly sensitive field within which the economic authorities present and confirm themselves. The advantages and disadvantages of fixed and flexible exchange rate regimes, which have been quite relativized from the conventional point of view, together with simultaneous, but not synchronised effects of structural and external factors, remain permanently questioned throughout a complex process of exchange rate regime decision making. The paper reflects the attempt of critical identification of the key exchange rate performances, with emphasis on continuous non-uniformity and (un)certainty of shelf life of a relevant choice.
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Bibliographic InfoArticle provided by Savez ekonomista Vojvodine, Novi Sad, Serbia in its journal Panoeconomicus.
Volume (Year): 53 (2006)
Issue (Month): 3 (September)
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Web page: http://www.panoeconomicus.rs/
Exchange rate regimes; Structural determiners; External determiners;
Find related papers by JEL classification:
- F30 - International Economics - - International Finance - - - General
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
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- Klaus Schmidt-Hebbel, 2010.
"Macroeconomic Regimes, Policies and Outcomes in the World,"
Estudios de Economia,
University of Chile, Department of Economics, vol. 37(2 Year 20), pages 161-187, December.
- Klaus Schmidt-Hebbel, 2010. "Macroeconomic Regimes, Policies, and Outcomes in the World," Documentos de Trabajo 386, Instituto de Economia. Pontificia Universidad Católica de Chile..
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