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The "Pegging Practices" of LDC's: A Look at Recent Behavior

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  • Gordon Weil

Abstract

This note discusses the relationship between the exchange-rate pegging practices of less developed countries (LDCs) and their trading patterns. This relationship is examined through a discussion of the results of several statistical tests relating nations' choice of exchange-rate regime to their trading patterns. The paper goes on to investigate the importance of changes in trading patterns on changes in LDC exchange arrangements since 1977.

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  • Gordon Weil, 1987. "The "Pegging Practices" of LDC's: A Look at Recent Behavior," Eastern Economic Journal, Eastern Economic Association, vol. 13(1), pages 49-53, Jan-Mar.
  • Handle: RePEc:eej:eeconj:v:13:y:1987:i:1:p:49-53
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    File URL: http://web.holycross.edu/RePEc/eej/Archive/Volume13/V13N1P49_53.pdf
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    1. Williamson, John, 1982. "A survey of the literature on the optimal peg," Journal of Development Economics, Elsevier, vol. 11(1), pages 39-61, August.
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