The Exchange Rate System: Lessons of the Past and Options for the Future : a StudyElla H. Wright |
Contents
Options for the Future 50 | 1 |
TABLES | 10 |
Evaluation of the Present Exchange Rate System | 13 |
Copyright | |
1 other sections not shown
Common terms and phrases
adjustable par values adjustable peg system alternative exchange asset balance of payments behavior Bretton Woods system coun current account imbalances decade depreciation DEUTSCHE MARK developing countries disturbances domestic price effective exchange rates estimates European Monetary System exchange arrangements exchange rate changes exchange rate movements exchange rate regime exchange rate system exchange rate uncertainty exchange rate variability export external adjustment external payments adjustment factors Finance fiscal policy fixed rates Floating Exchange Rates floating rates forecasts foreign exchange market Frenkel Fund's global growth import prices increase International Monetary Fund Japan largest industrial countries macroeconomic macroeconomic policies major currencies major industrial countries managed floating ments Monetary Fund Washington monetary policy money supply nomic nominal exchange rates normal capital flows official intervention output percent period of floating present exchange rate present system real exchange rates real wage relative price stability Staff Papers target U.S. dollar United Kingdom world trade