Occasional Paper
Exchange Rate Arrangements for the Emerging Market Economies
Author(s): Larraín, Felipe; Velasco, Andrés
Year: 1999
Pages: 48
ISBN: 1-56708-110-X
This paper reviews the recent performance of alternative exchange rate arrangements in emerging markets, examines the concrete circumstances under which either a fixed or floating rate regime should be adopted, studies how to make flexibility work in practice, and focuses on the possible role of capital controls as a complementary policy.
To download from a PC, right-click the button above and select "Save as".
To download from a Mac, hold the control key while clicking the button above and select "Save Link As..."
If you encounter any difficulties, please contact us.