The Quest for Exchange Rate Stability in the Next Millennium

Contains a collection of chapters discussing the issues involved in establishing a stable global exchange rate system. The authors review the advantages and disadvantages of the various exchange rate regimes used throughout the world over the years. They also analyze the role of exchange rate systems in international financial crises.
This book contains a collection of chapters discussing the issues involved in establishing a stable global exchange rate system. In doing so, the authors review the advantages and disadvantages of the various exchange rate regimes used throughout the world during the last fifty years, analyze the role of exchange rate systems in recent international financial crises and explore the probability of constructing a stable global arrangement in the next century.

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