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Item Details
Title: MANAGED FLOATING PLUS
By: Morris Goldstein
Format: Paperback

List price: £16.99
Our price: £13.59
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ISBN 10: 0881323365
ISBN 13: 9780881323368
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Publisher: THE PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS
Pub. date: 28 February, 2002
Pages: 112
Description: 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.
Synopsis: 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.
Publication: US
Imprint: Institute for International Economics,U.S.
Returns: Returnable
Some other items by this author:
ASSESSING FINANCIAL VULNERABILITY (PB)
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CHARACTERISTICS OF A SUCCESSFUL EXCHANGE RATE SYSTEM (PB)
CONTROLLING CURRENCY MISMATCHES IN EMERGING MARKETS
CONTROLLING CURRENCY MISMATCHES IN EMERGING MARKETS (PB)
DEBATING CHINA'S EXCHANGE RATE POLICY (PB)
DETERMINANTS AND SYSTEMATIC CONSEQUENCES OF INTERNATIONAL CAPITAL FLOWS (PB)
FINANCIAL REGULATION AFTER THE SUBPRIME AND CREDIT CRISIS (PB)
FUNCTIONING OF THE INTERNATIONAL MONETARY SYSTEM (PB)
GROWTH-ORIENTATED ADJUSTMENT PROGRAMS (PB)
IMF STRUCTURAL POLICY CONDITIONALITY (PB)
INTERNATIONAL CAPITAL MARKETS (PB)
INTERNATIONAL CAPITAL MARKETS (PB)
INTERNATIONAL CAPITAL MARKETS (PB)
POLICY ISSUES IN THE EVOLVING INTERNATIONAL MONETARY SYSTEM (PB)
SAFEGUARDING PROSPERITY IN A GLOBAL FINANCIAL SYSTEM - THE FUTURE INTERNATIONAL FINANCIAL ARCHITECTURE (PB)
STRENGTHENING THE INTERNATIONAL MONETARY SYSTEM (PB)
THE ASIAN FINANCIAL CRISIS (PB)
THE CASE FOR AN INTERNATIONAL BANKING STANDARD
THE CASE FOR AN INTERNATIONAL BANKING STANDARD (PB)
THE EXCHANGE RATE SYSTEM AND THE IMF (PB)
THE FUTURE OF CHINA`S EXCHANGE RATE POLICY (PB)
THE GLOBAL EFFECTS OF FUND-SUPPORTED ADJUSTMENT PROGRAMS (PB)
THUS RELIGION GROWS - THE STORY OF JUDAISM (PB)
THUS RELIGION GROWS THE STORY OF JUDAISM
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