Trade and Payments Adjustment Under Flexible Exchange Rates
Author: International Economics Study Group
Publisher: Trade Policy Research Centre
Published: 1979
Total Pages: 284
ISBN-13:
DOWNLOAD EBOOK →Author: International Economics Study Group
Publisher: Trade Policy Research Centre
Published: 1979
Total Pages: 284
ISBN-13:
DOWNLOAD EBOOK →Author: John Paul Martin
Publisher:
Published: 1979
Total Pages: 220
ISBN-13: 9780841950672
DOWNLOAD EBOOK →Author: Egon Sohmen
Publisher: North Holland
Published: 1980
Total Pages: 386
ISBN-13:
DOWNLOAD EBOOK →Author: David Bigman
Publisher: Beard Books
Published: 2003-03
Total Pages: 356
ISBN-13: 9781587981296
DOWNLOAD EBOOK →Analyzes developments in the international monetary system since 1973, with anew added epilogue.
Author: Franz Gehrels
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 308
ISBN-13: 3642841988
DOWNLOAD EBOOK →Helmut Schneider 1. The Formulation of the Research Programme 1. In the late sixties the acceleration of US inflation revived the discussion of the fifties about the superiority of flexible exchange rates: The US balance of payments deteriorated since 1965, the dollar shortage after World War II changed to a dollar surplus. The import of US inflation by their main trading partners intensified political pressures so that at the beginning of the seventies most leading countries decided, contrary to the rules of the Bretton Woods agreement, to stop their intervention in the market for foreign exchange and to let the exchange rates be determined by market forces. It is worthwhile recalling that at that time one had only very limited experience with the regime of flexible exchange rates: The most important case, the floating of Canadian against the US dollar, could not be generalized to a world where nearly all important countries adhered to the regime of flexible exchange rates. ! - But one really had rich experience with destabilizing capital flows (or "hot money") that forced monetary authorities to adjust exchange rates in a system of managed flexibility to the expecta tions of "speculators".
Author: Jan Herin
Publisher: Routledge
Published: 2019-03-12
Total Pages: 280
ISBN-13: 0429708165
DOWNLOAD EBOOK →This book contains the papers, comments, and the discussion at a conference on "Flexible Exchange Rates and Stabilization Policy", held at Saltsjobaden, Stockholm, August 26–27, 1975. The papers integrate the flexible exchange rates theory with macro theory and stabilization policy analysis. .