Any Sense in a Canadian Dollar?
The authors starts by giving his interpretation of the dollar's slide and to what extent, if any, this has posed a policy issue. Against that background, he moves on to discuss possible exchange rate regimes for Canada more generally -focussing on what it takes to make them work. His basic thesis is that we may have a floating loony but we don't have loony floating. In fact, what we are doing, anf getting, is rather sensible in all circumstances.
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|Date of creation:||1999|
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