THE EVOLUTION OF CURRENCY RELATIONS IN THE LIGHT OF MAJOR EXCHANGE RATE ADJUSTMENT THEORIES

Sergiy Tkach
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Sergiy Tkach: Yuriy Fedkovych Chernivtsi National University, 58000, Ukraine

EcoForum, 2014, vol. 3, issue 2, 12

Abstract: This paper examines the impact of major exchange rate adjustment theories on the global monetary system. The reasons of the previous organization forms of monetary relations collapse at the global level are defined. The main achievements and failures of major exchange rate theories are described.

Keywords: exchange rate; monetary system; exchange rate theories; currency parity. (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:scm:ecofrm:v:3:y:2014:i:2:p:12

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