Exchange Rate Regimes for Emerging Markets: Reviving the Intermediate Option

by John Williamson

In the aftermath of the Asian/global financial crises of 1997-98, how should emerging markets now structure their exchange rate systems to prevent new crises from occurring? This study challenges current orthodoxy by advocating the revival of intermediate exchange rate regimes. In so doing, Williamson presents a reasoned challenge to the new prevailing attitude which claims that all countries involved in the international capital markets need to polarize...

• Format: Paperback
• Language: English
• ISBN: 0881322938
• ISBN13: 9780881322934
• Release Date: September 2000
• Publisher: Peterson Institute for International Economic
• Length: 108 Pages
• Weight: 0.36 lbs.
• Dimensions: 0.9" x 2.9" x 6.3"