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The Political Economy of Exchange Rate Policies in Latin America and the Caribbean: The Case of Peru

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Abstract

The main objective of this document is to identify structural long-term factors that can help to understand the exchange rate policy in Peru during the last fifty years. Rather than identifying particular causes that could help to understand specific decisions at some point in time, the emphasis is on those general political economy arguments that explain the main trends and changes in exchange rate policy over long periods of time. Thus, two main things need to be understood: the choice of the exchange rate regime and its level.

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  • Grade Grade, 1999. "The Political Economy of Exchange Rate Policies in Latin America and the Caribbean: The Case of Peru," Research Department Publications 3063, Inter-American Development Bank, Research Department.
    • Handle: RePEc:idb:wpaper:3063
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    References listed on IDEAS

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