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A Modern History of Exchange Rate Arrangements: The Country Histories, 1946-2001

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  • Reinhart, Carmen

Abstract

These are the narrative individual country histories of exchange rate arrangements, 1946-2001 that underpin "The Modern History of Exchange Rate Arrangements: A Reinterpretation". The chronologies allow us to date dual or multiple exchange rate episodes, as well as to differentiate between pre-announced pegs, crawling pegs, and bands from their de facto counterparts. We think it is important to distinguish between say, de facto pegs or bands from announced pegs or bands, because their properties are potentially different. The chronologies also flag the dates for important turning points, such as when the exchange rate first floated, or when the anchor currency was changed.

Suggested Citation

  • Reinhart, Carmen, 2002. "A Modern History of Exchange Rate Arrangements: The Country Histories, 1946-2001," MPRA Paper 13191, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:13191
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    References listed on IDEAS

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    1. Flood, Robert P. & Rose, Andrew K., 1995. "Fixing exchange rates A virtual quest for fundamentals," Journal of Monetary Economics, Elsevier, vol. 36(1), pages 3-37, August.
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    More about this item

    Keywords

    exchange rates; pegs; capital controls; crises; world;
    All these keywords.

    JEL classification:

    • N90 - Economic History - - Regional and Urban History - - - General, International, or Comparative
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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