ARTICLE
TITLE

In search of an exchange rate policy for the dollar

SUMMARY

Following the collapse of the Bretton Woods system of fixed exchange rates in 1971, an agreement on the basic principles of a new exchange rate system could not be reached. Many monetary authorities continue to hope that it will ultimately be possible to reinstate a par value system, while others favour floating rates without any significant management. In 1975 a compromise that gives each country freedom to adopt the exchange rate arrangements of its choice was made. More recently, however, a large movement has occurred in the exchange rates of some major currencies, including the world’s trading and reserve currency, the dollar. The present article examines what has happened, how the working of the exchange rate regime could be improved, and what concrete measures commend themselves for the period ahead. JEL: E42

 Articles related

Faisal Hasbullah Batubara    

In current era, digital technology is very familiar to people of all ages. Utilizing digital technology effectively can have a positive effect on its users. One is applying digital technologies to generate promotion for MSME actors' business products. Th... see more


Jorge Humberto Orellana Peña    

Este estudio presenta valoraciones de las prácticas de la caficultura y sus aportes al desarrollo humano de las familias productoras del occidente de Honduras. Fue realizado entre julio del 2018 y octubre del 2019 en Copán, Ocotepeque y Lempira. Se aplic... see more


Juan Carlos Fonden Calzadilla, Natascha Mezquía de Pedro, Sergio González García    

La misión y visión de la Facultad Miguel Enríquez reflejan la aspiración de alcanzar una calidad de excelencia en todos los procesos que se desarrollan en la docencia, investigaciones, extensión universitaria y la administración. Por lo que es menester e... see more


Dr. C. Eduardo López Bastida    

Dr. C. Eduardo López Bastida E-mail: kuten@ucf.edu.cu Universidad de Cienfuegos. Cuba.Se define la justicia como armonía social, es decir, como la búsqueda de un punto de equilibrio para que todos los ciudadanos se sientan conformes con su forma de vivi... see more


Ainun Roviko, I Gusti Ngurah Agung Suaryana    

Evaluate performance intellectual capital of company is an important thing because this will contribute to the company competitive advantage in the future. This study aims to obtain empirical evidence of the impact institutional ownership, firm size and ... see more