Exit Strategies: Policy Options for Countries Seeking Exchange Rate Flexibility
Occasional Papers, August 12, 1998
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Bibliographic details
- Authors: Barry J. Eichengreen, Inci Ötker, A. J Hamann, Esteban Jadresic, R. B. Johnston, Hugh Bredenkamp, Paul R Masson
- Published: August 12, 1998
- Series: Occasional Papers
- DOI: https://doi.org/10.5089/9781557757340.084
Overview
- Title: Exit Strategies: Policy Options for Countries Seeking Exchange Rate Flexibility
- Authors: Barry J. Eichengreen, Inci Ötker, A. J Hamann, Esteban Jadresic, R. B. Johnston, Hugh Bredenkamp, Paul R Masson
- Date: August 12, 1998
- Series: Occasional Paper No. 1998/014
- Pages: 55
Key findings and purpose
- In a world of increasing capital mobility and broadening and more diversified trade, many (but not all) developing and transition economies are likely to find it desirable to move from relatively fixed exchange rate regimes to regimes of greater exchange rate flexibility.
- The paper suggests why countries may wish to move to greater exchange rate flexibility, and considers strategies that countries may consider for such a move.
- The paper reinforces this discussion with a review of experience from teh past two decades with alternative exchange rate regimes.
- The paper also identifies policies that can facilitate the transition to greater exchange rate flexibility for countries that wish to pursue this option.
Policies and strategies discussed
- Strategies for moving from relatively fixed exchange rate regimes to regimes of greater exchange rate flexibility.
- Policies that can facilitate the transition to greater exchange rate flexibility for countries that wish to pursue this option.
- Consideration of anti-inflation credibility and monetary policy implications in the context of regime change.
Evidence base and scope
- Review of experience from teh past two decades with alternative exchange rate regimes.
- Subject areas listed: Conventional peg, Currencies, Exchange rate arrangements, Exchange rate flexibility, Exchange rates, Foreign exchange, Money.
- Keywords include: anti-inflation credibility, Asia and Pacific, Caribbean, Central America, Central and Eastern Europe, Conventional peg, Currencies, East Asia, Exchange rate arrangements, Exchange rate flexibility, Exchange rates, government policy, monetary policy, OP, policy, policy credibility attendant, regime, Southeast Asia, transition country, transition economy, West Africa.