Central Bank of Nigeria Library

Exchange rate rules :

Exchange rate rules : the theory, performance, and prospects of the crawling peg / - New York : St. Martin's Press, c1981. - xxi, 410 p. :ill,

Papers and comments presented to the Rio conference on the crawling peg, 1979. Includes index.

Incudes bibliographies

In October 1979 a conference was held in Rio de Janeiro to evaluate the crawling peg. The proceedings have been compiled by John Williamson in Exchange Rate Rules. The result is an important contribution to the literature on alternative international monetary arrangements, and the probably help to establish a better balance in the public discussion of the options that are available.
The volume contains both theoretical and empirical studies, with the emphasis in the latter being on the experience of various Latin American countries. Taken as a group, the papers comments develop a clear picture of the ways that a policy works in a macroeconomic adjustment. The prerequisites for successful use of such a policy are carefully examined and there are systematic comparisons with the adjustable peg, the managed float, and the free float.

0312273967


Foreign exchange rates
Foreign exchange

HG3852 / .E93 1981

332.4'5 / EXC