| Description |
xiv, 274 pages : illustrations ; 22 cm |
| Series |
The Ohlin lectures ; 9 |
|
Ohlin lectures |
|
Ohlin lectures.
|
|
Ohlin lectures ; 9
|
| Contents |
"Too Sensational" -- 1. Introduction -- 2. A Long History -- 3. Two Regimes and Three Approaches -- 4. The Fixed-But-Adjustable Exchange Rate Regime -- 5. In-Between Regimes -- 6. The Real Targets Approach: A Diagrammatic Interlude -- 7. What Role for Fiscal Policy? -- 8. Contractionary Devaluation and Unhedged Foreign-Currency-Denominated Borrowing -- 9. Openness and the Size of the Economy: How Do They Affect Regime Choice? -- 10. Lessons from Latin America: Chile, Brazil, Mexico -- 11. Argentina's Great Currency Board Experiment -- 12. Lessons from Asia -- 13. Lessons from Europe -- 14. The Exchange Rate Regime: Too Sensational, Hollowed Out, Unimportant |
| Summary |
"Most of the literature on exchange rate regimes has focused on the developed countries. Since the recent crises in emerging markets, however, attention has shifted to the choice of exchange rate regimes for developing countries, especially those that are more integrated into the world capital markets. In Too Sensational: On the Choice of Exchange Rate Regimes, W. Max Corden presents a systematic and accessible overview of the topic. Reviewing many types of regimes, he shows how the choice of an exchange rate regime is related to both fiscal policy and trade policy."--BOOK JACKET |
| Bibliography |
Includes bibliographical references (pages [261]-269) and index |
| Subject |
Foreign exchange rates.
|
|
Foreign exchange.
|
| LC no. |
2001056263 |
| ISBN |
0262032988 |
|
0262532697 paperback |
|
