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Do the benefits of fixed exchange rates outweigh their costs? The France zone in Africa.
By: Devarajan, Shantayanan; Rodrik, Dan.
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BookPublisher: Washington : World Bank, 1991Subject(s): Economic development | Agriculture -- Structural adjustment -- Exchange rate. -- Agriculture -- Structural adjustment -- Exchange rate. -- Agriculture -- Structural adjustment -- Exchange rateSummary: Addresses the question of how small, open economies that are subject to sharp swings in their terms of trade should select an appropriate exchange rate regime.
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Addresses the question of how small, open economies that are subject to sharp swings in their terms of trade should select an appropriate exchange rate regime.
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