Currency Devaluation in Developing Countries
Author | : Richard N. Cooper |
Publisher | : Princeton, N.J. : International Finance Section, Princeton University |
Total Pages | : 48 |
Release | : 1971 |
Genre | : Business & Economics |
ISBN | : |
Download An Assessment Of Currency Devaluation In Developing Countries full books in PDF, epub, and Kindle. Read online free An Assessment Of Currency Devaluation In Developing Countries ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : Richard N. Cooper |
Publisher | : Princeton, N.J. : International Finance Section, Princeton University |
Total Pages | : 48 |
Release | : 1971 |
Genre | : Business & Economics |
ISBN | : |
Author | : Richard N. Cooper |
Publisher | : |
Total Pages | : 38 |
Release | : 1971 |
Genre | : Devaluation of currency |
ISBN | : |
Author | : Richard N. Cooper |
Publisher | : |
Total Pages | : 132 |
Release | : 1969 |
Genre | : Currency question |
ISBN | : |
Author | : Michael D. Bordo |
Publisher | : University of Chicago Press |
Total Pages | : 692 |
Release | : 2007-12-01 |
Genre | : Business & Economics |
ISBN | : 0226066908 |
At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.
Author | : Wei Zhou |
Publisher | : |
Total Pages | : 206 |
Release | : 1996 |
Genre | : Devaluation of currency |
ISBN | : |
Author | : Pierre-Richard Agénor |
Publisher | : International Monetary Fund |
Total Pages | : 43 |
Release | : 1991-09-01 |
Genre | : Business & Economics |
ISBN | : 1451850921 |
The paper examines the role of credibility in the conduct of exchange rate policy in developing countries, The analysis is based on a model in which policymakers are concerned about inflation and external competitiveness. Price setters in the nontraded goods sector of the economy adjust prices in reaction to anticipated fluctuations in the domestic price of tradable goods. This type of model is showm to generate a “devaluation bias” which undermines the credibility of a fixed exchange rate. The effect of reputational factors, signaling considerations, and joining a currency union as possible solutions to this bias is examined.
Author | : Ejaz Ghani |
Publisher | : |
Total Pages | : 140 |
Release | : 1984 |
Genre | : Balance of payments |
ISBN | : |
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 56 |
Release | : 1988-06-29 |
Genre | : Business & Economics |
ISBN | : 1451970528 |
This paper evaluates the growing literature on whether devaluation has contractionary effects on output in developing countries. It explores the nature of the links between the exchange rate and real output within a unified, fairly general analytical framework which incorporates a number of the developing-country features cited in this literature. The analysis suggests that many of the arguments on both sides of the contractionary devaluation debate require modification and that a number of potential effects have been ignored. It is concluded that the direction of the impact effects of devaluation on real output is ambiguous on analytical grounds. MASTER FILES ROOM C-130 001