The Crawling Band as an Exchange Rate Regime – Lessons from Chile, Colombia, and Israel - Softcover

Williamson, John

Softcover

ISBN 10: 0881322318 ISBN 13: 9780881322316

Publisher: Peterson Institute for International Economics, 1996

Synopsis

This study examines the experiences of Chile, Colombia and Israel, who have recently begun to operate exchange-rate systems of ""crawling bands"". It compares their experiences with 15 similar countries and concludes that the crawling band exchange-rate policy has contributed to their success.

About this title

Review

Another catalytic and provocative study!--Ralph C. Bryant, The Brookings Institution

[A] fine piece of work.--Robert Solomon

...makes a very persuasive case that this intermediate regime is viable.--Michael Gavin, Inter-American Development Bank

About the Author

John Williamson, senior fellow (retired), was associated with the Institute from 1981 to 2012. He was project director for the UN High-Level Panel on Financing for Development (the Zedillo Report) in 2001; on leave as chief economist for South Asia at the World Bank during 1996-99; economics professor at Pontifica Universidade Católica do Rio de Janeiro (1978-81), University of Warwick (1970-77), Massachusetts Institute of Technology (1967, 1980), University of York (1963-68), and Princeton University (1962-63); adviser to the International Monetary Fund (1972-74); and economic consultant to the UK Treasury (1968-70).

Edition details

• Publisher: Peterson Institute for International Economics
• Publication date: 1996
• ISBN 10: 0881322318
• ISBN 13: 9780881322316
• Binding: Paperback
• Language: English
• Number of pages: 200