IDEAS home Printed from https://ideas.repec.org/a/wej/wldecn/765.html
   My bibliography  Save this article

Exchange Rate Policy in Emerging Economics

Author

Listed:
  • Graham Bird

Abstract

In the period since the global economic and financial crisis in 2008/09, emerging economies have encountered both surges and reversals of international capital. Rising interest rates and economic growth in the USA may in the future lead to them facing further relatively sharp capital reversals. To what extent should they allow such capital reversals to affect their exchange rates; should they opt for free (clean) floating or managed (dirty) floating? They have not all opted for the same exchange rate regime. In an era of high international capital mobility, exchange rate policy in emerging economies becomes more complicated than it used to be, and depends on a wide range of factors upon which there is considerable uncertainty. This article provides a systematic review of the issues involved.

Suggested Citation

  • Graham Bird, 2019. "Exchange Rate Policy in Emerging Economics," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 20(4), pages 99-122, October.
    • Handle: RePEc:wej:wldecn:765
    as

    Download full text from publisher

    File URL: https://www.worldeconomics.com/Journal/Papers/Article.details?ID=765
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wej:wldecn:765. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ed Jones (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.