Changes in Exchange Rates in Rapidly Developing Countries

Theory, Practice, and Policy Issues

Takatoshi Ito, Anne O. Krueger (Herausgeber)

Buch | Hardcover

464 Seiten

1999
University of Chicago Press (Verlag)
978-0-226-38673-7 (ISBN)

Titel z.Zt. nicht lieferbar
Versandkostenfrei
Auch auf Rechnung

Artikel merken

This volume explores the impact of diverse exchange control regimes in both historical and regional contexts, focusing particular attention on East Asia.

The exchange rate is a crucial variable linking a nation's domestic economy to the international market. Thus choice of an exchange rate regime is a central component in the economic policy of developing countries and a key factor affecting economic growth. Historically, most developing nations have employed strict exchange rate controls and heavy protection of domestic industry-policies now thought to be at odds with sustainable and desirable rates of economic growth. By contrast, many East Asian nations maintained exchange rate regimes designed to achieve an attractive climate for exports and an "outer-oriented" development strategy. The result has been rapid and consistent economic growth over the past few decades. This volume explores the impact of such diverse exchange control regimes in both historical and regional contexts, focusing particular attention on East Asia. The book should be a useful reference for scholars and policymakers.

Takatoshi Ito is professor in the graduate schools of public policy and of economics at the University of Tokyo and a research associate of the NBER. Anne O. Krueger is the first deputy managing director of the International Monetary Fund.

Erscheint lt. Verlag	15.4.1999
Reihe/Serie	(NBER) National Bureau of Economic Research East Asia Seminar on Economics
Sprache	englisch
Maße	16 x 24 mm
Gewicht	794 g
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
ISBN-10	0-226-38673-2 / 0226386732
ISBN-13	978-0-226-38673-7 / 9780226386737
Zustand	Neuware