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27.373  Articles
1 of 2.738 pages  |  10  records  |  more records»
The basis for reciprocal concessions in the process of multilateral trade liberalisation is firmly established for fixed exchange rate regimes. The move from fixed to flexible exchange rates suggests that commercial policy negotiations and indeed trade li... see more

The Australian government began to deregulate its foreign exchange market and move to floating exchange rates in late 1983. Prior to that date there had been a wide range of controls over the foreign exchange market, which became increasingly difficult to... see more

This paper discusses the relative advantages of floating exchange rates vis-a-vis a pegged exchange rate regime, with special emphasis on the implications foreffective demand. More particularly, it explores whether ... see more

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 ... see more

The article is a brief response to Goldstein and Cohn’s paper on alternative exchange-rate systems in which empirical evidence is exhibited which does not favour either fixed or floating rates in dampening the effect of a disturbance to the rest of the wo... see more

For better or for worse the world has drifted into a system of managed floating exchange rates. However, despite a series of economic and political shocks, the experience with floating rates has been reassuring. Recent history provides an interesting back... see more

Indonesia's economy has been in its worst period. At that time, economic growth was below zero percent. One of the reasons is the high volatility of exchange rates in 1997-1998 when the exchange rate regime was transferred from managed floating to free-fl... see more

I certainly agree with the authors on the main point, which is that flexible exchange rates do not result in an automatic adjustment that brings equilibrium with full employment. What I would argue is that flexible exchange rates, however, may be more adv... see more

Many authors welcomed the shift to floating exchange rates as they expected it to result in lower inflation, unemployment and balance of payments disequilibria. However, the new system exhibits two sharp daily fluctuations of exchange rates, imposing unwe... see more

1 of 2.738 pages  |  10  records  |  more records»