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Do Currency Regimes Matter in the 21st Century? An Overview

Hiroshi Fujiki and Akira Otani
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Akira Otani: Institute for Monetary & Econ Studies, Bank of Japan

Monetary and Economic Studies, 2002, vol. 20, issue S1, pages 47-79

Abstract: This paper selectively reviews the recent literature on currency regimes in Europe, the Americas, and East Asia. We argue that, given the global interdependence among today's economies, currency regimes should always be evaluated in relation to monetary policy, fiscal policy, structural policies, and the working of financial markets. Thus, currency regimes do matter and are a relevant concern for policymakers.

JEL-codes: E42 E52 O23 O24 F33 (search for similar items in EconPapers)
Date: 2002
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Persistent link: http://EconPapers.repec.org/RePEc:ime:imemes:v:20:y:2002:i:s1:p:47-79

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