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Paperback Flexible Exchange Rates for a Stable World Economy Book

ISBN: 0340882875

ISBN13: 9780881326277

Flexible Exchange Rates for a Stable World Economy

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Book Overview

Volatile exchange rates and how to manage them are a contentious topic whenever economic policymakers gather in international meetings. This book examines the broad parameters of exchange rate policy in light of both high-powered theory and real-world experience. What are the costs and benefits of flexible versus fixed exchange rates? How much of a role should the exchange rate play in monetary policy? Why don't volatile exchange rates destabilize...

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