The Politics of Exchange Rates in Developing Countries. Political Cycles and Domestic Institutions.
Ralph Setzer
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Description for The Politics of Exchange Rates in Developing Countries. Political Cycles and Domestic Institutions.
Paperback. Considers the issue of exchange rate policymaking from a political economy perspective. This book illustrates both theoretically and empirically how domestic political and institutional incentives shape exchange rate policies in developing countries. It provides insights on how political and institutional conditions affect exchange rate policy. Series: Contributions to Economics. Num Pages: 258 pages, 11 black & white illustrations, 39 black & white tables, biography. BIC Classification: KC. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 14. Weight in Grams: 860.
1. 1 The context What factors determine a country's exchange rate regime? Since the col lapse of the Bretton Woods system of fixed exchange rates in 1973, eco nomists have been increasingly interested in answering this question. Ana lysts focused primarily on the possible influence of optimum currency area (OCA) criteria, such as a country's size, openness to trade, or factor mobi lity. More recent approaches emphasized the nature and the sources of shocks to which an economy is exposed or explicitly took imperfections on financial markets into account. However, despite a large body of work, litt le consensus has ... Read more
1. 1 The context What factors determine a country's exchange rate regime? Since the col lapse of the Bretton Woods system of fixed exchange rates in 1973, eco nomists have been increasingly interested in answering this question. Ana lysts focused primarily on the possible influence of optimum currency area (OCA) criteria, such as a country's size, openness to trade, or factor mobi lity. More recent approaches emphasized the nature and the sources of shocks to which an economy is exposed or explicitly took imperfections on financial markets into account. However, despite a large body of work, litt le consensus has ... Read more
Product Details
Format
Paperback
Publication date
2006
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
258
Condition
New
Series
Contributions to Economics
Number of Pages
258
Place of Publication
Heidelberg, Germany
ISBN
9783790817157
SKU
V9783790817157
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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