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Parallel Exchange Rates in Developing Countries

empirical evidence on the macroeconomic implications of parallel exchange rates in developing countries. Eight case-studies from Africa, Latin;

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The Politics of Exchange Rates in Developing Countries

empirically how domestic political and institutional incentives shape exchange rate policies in developing countries. Empirical analysis is based on a;

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The Exchange Rate Volitility in Pakistan

Since the currency crisis of 1990s, economists have had a renewed interest in the fluctuation of exchange rates. For decades exchange rates;

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Exchange Rate Crises in Developing Countries

According to many economists, the increasing mobility of capital across borders has made it more costly to peg exchange rates. This;

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Exchange Rate Crises in Developing Countries

According to many economists, the increasing mobility of capital across borders has made it more costly to peg exchange rates. This;

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Demanding Devaluation

often heightens tensions with foreign governments. Many other developing countries overvalue their exchange rates, which increases consumers;

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Exchange Rates

rates in monetary policy rules; the competitiveness of exchange rate fluctuations in Middle Eastern countries; foreign exchange rate exposure;

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Flexible Exchange Rates for a Stable World Economy

exchange rates do not destabilize inflation and output. The book concludes that many countries would benefit from allowing greater flexibility;

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Exchange Rates

a specific future date. Exchange rates vary because of changes in the relative demand for different countries' goods and services and;

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Exchange Rates, Interest Rates and Commodity Prices

and interest rate manifestations, and the co-variability of exchange rates and commodity prices. The common theme throughout is the behaviour;

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The Reconstruction of International Monetary Arrangements

The decade of the 1970s was one of turbulence in international monetary arrangements - the exchange rates fluctuated through a wide range;

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Real Exchange Rates, Devaluation, and Adjustment

performance in scores of developing countries. It develops a theory of equilibrium and disequilibrium real exchange rates, takes up the question;

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Moving to Greater Exchange Rate Flexibility

This overview of the concrete steps taken by a number of countries in transition to greater exchange rate flexibility elaborates on the key;

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Interest Rates, Exchange Rates and World Monetary Policy

A careful basic theoretical and econometric analysis of the factors determining the real exchange rates of Canada, the U.K., Japan, France;

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Interest Rates, Exchange Rates and World Monetary Policy

A careful basic theoretical and econometric analysis of the factors determining the real exchange rates of Canada, the U.K., Japan, France;

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Exchange Rate Volatility, Trade, and Capital Flows under Alt

financial markets' effects on countries' investment decisions, and how would changes in fixed exchange rates affect growth and welfare? What are the;

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The Basics of Foreign Exchange Markets

), and fiat money (with flexible exchange rates). For more than eight decades, most countries have operated with fiat money. Proponents;

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The Effects of Real Exchange Rate Volatility on Sectoral Investment

rates on investment in the manufacturing sectors of the countries in the European Monetary System as well as of the countries in the flexible;

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The Effects of Real Exchange Rate Volatility on Sectoral Investment

rates on investment in the manufacturing sectors of the countries in the European Monetary System as well as of the countries in the flexible;

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International Monetary Fund

of gold/dollar fixed exchange rates (1944--1971), in the current world where flexible exchange rates dominate in the industrial economics, it has;

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The Economics of Common Currencies

rates relevant to monetary relations within an integrated monetary area the evolution of economic doctrine and a survey of optimum;

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Monetary Policy in Emerging Markets & Other Developing Countries

policy regimes, but declined to just 5 percent of regimes by 2005, while in non-industrial countries the share fell from 75 percent to 55 percent;

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Japan-US Center UFJ Bank Monographs on International Financial Markets

financial markets' effects on countries' investment decisions, and how would changes in fixed exchange rates affect growth and welfare? What are the;

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Financial Instability and the International Debt Problem

is due to the inherent fragility of financial markets. Governments, financial institutions and borrowers, including developing countries, have;

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Financial Instability and the International Debt Problem

is due to the inherent fragility of financial markets. Governments, financial institutions and borrowers, including developing countries, have;

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The Baltics,Competitiveness on the Eve of EU Accession

This paper assesses the competitive position of the Baltic countries of Estonia, Latvia, and Lithuania, in the light of their accession to;

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Facing the Tides

This paper looks empirically at some economic effects of volatile exchange rates and financial conditions and examines policy responses for;

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