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Exchange Rate Misalignment

Concepts and Measurement for Developing Countries

Language EnglishEnglish
Book Hardback
Book Exchange Rate Misalignment Peter J. Montiel
Libristo code: 04516885
Publishers Oxford University Press Inc, December 1999
The 1994 devaluation of CFA francs in West Africa, the Mexican currency crisis in that same year, an... Full description
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The 1994 devaluation of CFA francs in West Africa, the Mexican currency crisis in that same year, and the Asian crises that erupted in mid-1997 are reminders of the severe dislocations that can be caused by exchange rate misalignment. However, a consensus on the importance of preventing exchange rate misalignment has not provided systematic guidance on definitions and measurement. Macroeconomic disruptions support the argument that growing financial integration has increased the urgency of providing accurate measures of long-run equilibrium exchange rates. For its analytical depth and its practical techniques for measurement, this resource is aimed at policymakers and foreign exchange specialists in both the public and private sectors.

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About the book

Full name Exchange Rate Misalignment
Language English
Binding Book - Hardback
Date of issue 1999
Number of pages 632
EAN 9780195211269
ISBN 019521126X
Libristo code 04516885
Weight 1114
Dimensions 319 x 161 x 49
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