Exchange rates in emerging countries
eleven empirical regularities from Latin America and East Asia
Edición de la obra Exchange rates in emerging countries
| Autor | Sebastian Edwards |
|---|---|
| Editorial | National Bureau of Economic Research |
| Fecha de publicación | 2011 |
| Lugar | Cambridge, MA |
| Idioma | inglés |
| Formato | Electronic resource |
| LCCN | 2011657272 |
| Serie | NBER working paper series -- working paper 17074 · Working paper series (National Bureau of Economic Research : Online) -- working paper no. 17074. |
| Número de Cutter | E26e |
"In this paper I discuss some of the most important lessons on exchange rate policies in emerging markets during the last 35 years. The analysis is undertaken from the perspective of both the Latin American and East Asian nations. Some of the topics addressed include: the relationship between exchange rate regimes and growth, the costs of currency crises, the merits of "dollarization," the relation between exchange rates and macroeconomic stability, monetary independence under alternative exchange rate arrangements, and the effects of the recent global "currency wars" on exchange rates in commodity exporters"--National Bureau of Economic Research web site.