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The "Pegging Practices" of LDC's: A Look at Recent Behavior

Gordon Weil

Eastern Economic Journal, 1987, vol. 13, issue 1, 49-53

Abstract: This note discusses the relationship between the exchange-rate pegging practices of less developed countries (LDCs) and their trading patterns. This relationship is examined through a discussion of the results of several statistical tests relating nations' choice of exchange-rate regime to their trading patterns. The paper goes on to investigate the importance of changes in trading patterns on changes in LDC exchange arrangements since 1977.

Date: 1987
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Eastern Economic Journal is currently edited by Cynthia A. Bansak, St. Lawrence University and Allan A. Zebedee, Clarkson University

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