International Monetary Fund


Washington, DC, April 16, 2013

Rethinking Macro Policy II: First Steps and Early Lessons

SESSION V: Exchange Rate Arrangements

The flexible versus fixed exchange rate debate revisited


Agustín Carstens

Agustín Carstens is Governor of the Banco de Mexico. He is also a member of the Steering Committee of the G-20 Financial Stability Board.

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Jay Shambaugh

Jay Shambaugh is an Associate Professor of Economics and International Affairs at the George Washington University.

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The Euro's Three Crises (BPEA paper)
Exchange Rate Regimes in the Modern Era

Martin Wolf

Martin Wolf is Associate Editor and Chief Economics Commentator at the Financial Times, London.

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Gang Yi

Gang Yi is Deputy Governor of the People’s Bank of China and the administrator of the State Administration of Foreign Exchange (SAFE).

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