Managed Floating Plus is popular PDF and ePub book, written by Morris Goldstein in 2002, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Managed Floating Plus can be Read Online from any device for your convenience.
Managed Floating Plus Book PDF Summary
In this analysis Morris Goldstein examines currency regime choices for emerging economies that are heavily involved with private capital markets. The author argues that the best regime choice for such economies would be managed floating plus, where "plus" is shorthand for a framework that includes inflation targeting and aggressive measures to discourage currency mismatching. Goldstein argues that if managed floating were enhanced in this way, it would retain the desirable features of a flexible rate regime while addressing the nominal anchor and balance-sheet problems that have historically underpinned a "fear of floating" and handicapped the performance of managed floating in emerging economies. The author also shows why managed floating plus is superior to four alternative currency-regime options--an adjustable peg system, a "BBC (basket, band, crawl) regime," a currency board, and dollarization.
Detail Book of Managed Floating Plus PDF
- Author : Morris Goldstein
- Release : 30 June 2024
- Publisher : Peterson Institute
- ISBN : 0881323365
- Genre : Business & Economics
- Total Page : 116 pages
- Language : English
- PDF File Size : 18,7 Mb
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