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Floating exchange rates and their problems for the developing countries

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  • Erhardt, Barbara

Abstract

The following article deals with the reasons for the fierce resistance of the developing countries to the system of floating exchange rates which the industrialized countries are favouring at present. It examines the consequences of floating exchange rates for the foreign trade, indebtedness and reserves of the developing countries and their implications for the situation in their domestic economies as a whole.

Suggested Citation

  • Erhardt, Barbara, 1977. "Floating exchange rates and their problems for the developing countries," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 12(1/2), pages 29-34.
    • Handle: RePEc:zbw:inteco:139444
    DOI: 10.1007/BF02929168
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    Keywords

    Monetary Policy;

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