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How much to commit to an exchange rate rule: Balancing credibility and flexibility.

By:

Cukierman, Alex

Material type:

TextPublication details: Washington : World Bank, 1992.Subject(s):

Economic policy
Macroeconomics -- Structural adjustment -- Economic growth/. -- Macroeconomics -- Structural adjustment -- Economic growth/. -- Macroeconomics -- Structural adjustment -- Economic growth

Summary: The paper identifies factors which determine the strength of commitment that policy makers choose to back up a fixed exchange rate system.

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World Bank staff working papers No.931.

The paper identifies factors which determine the strength of commitment that policy makers choose to back up a fixed exchange rate system.

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