000 01649cam a2200265 i 4500
008 801016t1981 nyuaaaaerb 101 0 eng
020 _a0312273967
040 _aDLC
_cDLC
050 0 0 _aHG3852
_b.E93 1981
082 0 0 _a332.4'5
_bEXC
245 0 0 _aExchange rate rules :
_bthe theory, performance, and prospects of the crawling peg /
260 _aNew York :
_bSt. Martin's Press,
_cc1981.
300 _axxi, 410 p. :ill,
500 _aPapers and comments presented to the Rio conference on the crawling peg, 1979.
500 _aIncludes index.
504 _aIncudes bibliographies
520 _aIn 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.
590 _ausc 23/05/18
591 _aLoans
650 0 _aForeign exchange rates
650 0 _aForeign exchange
700 1 _aWilliamson, John,
942 _2ddc
_cBOOK
949 _a332.4'5 EXC
999 _c8793
_d8793