Kniha Exchange Rate Misalignment Peter J. Montiel

Exchange Rate Misalignment

Concepts and Measurement for Developing Countries

Jazyk: Angličtina
Väzba: Pevná
Dostupnosť: Skladom u dodávateľa
Odosielame za 10-18 dní
117.20
The 1994 devaluation of CFA francs in West Africa, the Mexican currency crisis in that same year, an...

Informácie o knihe

Jazyk
Angličtina
Väzba
Kniha - Pevná
Vydalo
1999
Stránok
632
EAN
9780195211269
ISBN
019521126X
Enbook ID
04516885
Hmotnosť
1114
Rozmery
319 x 161 x 49

Kompletný popis

The 1994 devaluation of CFA francs in West Africa, the Mexican currency crisis in that same year, and the Asian crises that erupted in mid-1997 are reminders of the severe dislocations that can be caused by exchange rate misalignment. However, a consensus on the importance of preventing exchange rate misalignment has not provided systematic guidance on definitions and measurement. Macroeconomic disruptions support the argument that growing financial integration has increased the urgency of providing accurate measures of long-run equilibrium exchange rates. For its analytical depth and its practical techniques for measurement, this resource is aimed at policymakers and foreign exchange specialists in both the public and private sectors.

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