Name: Floating Exchange Rates at Fifty (en Inglés)
SKU: 56138085
Price: 34.83 USD
Availability: InStock
Author: Irwin Douglas A. (Edt); Obstfeld Maurice (Edt)
ISBN: 9780881327496

portada Floating Exchange Rates at Fifty (en Inglés)

Floating Exchange Rates at Fifty (en Inglés)

Formato

Libro Físico

Editorial

Peterson Institute For International Economics

Autor

Irwin Douglas A. (Edt); Obstfeld Maurice (Edt)

Idioma

Inglés

N° páginas

432

Encuadernación

Tapa Blanda

ISBN13

9780881327496

Floating Exchange Rates at Fifty (en Inglés)

Irwin Douglas A. (Edt); Obstfeld Maurice (Edt) (Autor) · Peterson Institute For International Economics · Tapa Blanda

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Reseña del libro "Floating Exchange Rates at Fifty (en Inglés)"

Fifty years ago, in March 1973, the major industrial economies abandoned fixed exchange rates, conclusively ending the post-World War II Bretton Woods arrangements. Proponents believed their action would strengthen countries' ability to reconcile domestic macroeconomic policies with the balance of payments. But opponents feared it would initiate a new era of instability and financial shocks. Since 1973, much of the world has moved away from fixed exchange rates to a variety of regimes based on considerable exchange rate flexibility. But international trade conflicts and unstable capital flows, along with a rise in financial crises around the world, have nonetheless accompanied the global shift away from exchange rate pegs. How has the international monetary system performed over the past half century? What have we learned from the experience of more flexible exchange rates? What has been the impact on macroeconomic and financial stability in the years since? This book derives from papers delivered at a conference that brought together leading economists and policymakers to debate and discuss these questions, as well as to assess the evolution of the international monetary system, the dominance of the US dollar, and the role of exchange rate regimes in shaping the world economy.