Blueprints for Exchange Rate Management - Softcover

Softcover

ISBN 10: 0124970613 ISBN 13: 9780124970618

Publisher: Academic Press Inc, 1991

Synopsis

This book addresses the growing debate over proposals for international monetary reform and the tentative attempts, for example at the Louvre and Plaza accords, to achieve greater coordination of macroeconomic policies. The first section draws lessons from the experience of the interwar Gold Standard, the Bretton Woods system, and the EMS. Four papers examine theoretical issues underlying the design of coordinated economic policies. Contributors explore the use of commodity prices as indicators of inflationary pressures and analyze exchange rate target bands using concepts first developed in the financial literature. The final chapters present empirical evaluations of the performance of alternative exchange rate regimes, adding to the existing literature on the design of gains from coordinated economic policies. The contributors, drawn from academic and policy circles, include leading advocates of exchange rate target zones and 'disciplined floating'. This book is of interest to students of international macroeconomics and policy coordination and to all those who have followed the debate on the evolution of the international monetary system.

About this title

Review

"Essential for those following the evolution of the International Monetary Systems". -- The Financial Times

Edition details

• Publisher: Academic Press Inc
• Publication date: 1991
• Language: English
• ISBN 10: 0124970613
• ISBN 13: 9780124970618
• Binding: Paperback
• Number of pages: 288
• Editor: Miller M., Etc.