The Problem with Exchange Rate Volatility
Ramkishen Rajan
Chapter 6 in Emerging Asia, 2011, pp 33-36 from Palgrave Macmillan
Abstract:
Abstract Emerging economies in Asia and elsewhere understand the dangers of maintaining arbitrarily fixed exchange rate regimes. A priori, there are a number of reasons that underlie a preference for a greater degree of exchange rate flexibility.
Keywords: Exchange Rate; Foreign Direct Investment; Real Exchange Rate; Exchange Rate Regime; Foreign Exchange Market (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-30627-1_6
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DOI: 10.1057/9780230306271_6
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