Exchange Rate Misalignment: Concepts and Measurement for Developing Countries

Publisher:   World Bank Group
ISBN:  

9781280002885


Publication Date:   01 January 1999
Format:   Undefined
Availability:   In stock   Availability explained
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Exchange Rate Misalignment: Concepts and Measurement for Developing Countries


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Overview

The 1994 devaluation of CFA francs in West Africa, the Mexican currency crisis in that same year, and the Asian crises that erupted in mid-1997 are reminders of the severe dislocations that can be caused by exchange rate misalignment. However, a consensus on the importance of preventing exchange rate misalignment has not provided systematic guidance on definitions and measurement. Macroeconomic disruptions support the argument that growing financial integration has increased the urgency of providing accurate measures of long-run equilibrium exchange rates. For its analytical depth and its practical techniques for measurement, this resource is aimed at policymakers and foreign exchange specialists in both the public and private sectors.

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Publisher:   World Bank Group
Imprint:   World Bank Group
ISBN:  

9781280002885


ISBN 10:   1280002883
Publication Date:   01 January 1999
Audience:   General/trade ,  General
Format:   Undefined
Publisher's Status:   Active
Availability:   In stock   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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