Exchange Rate Policy in Developing Countries: Some Analytical Issues

Peter Montiel, Bijan Aghevli and Mohsin Khan

No 1991/009, IMF Occasional Papers from International Monetary Fund

Abstract: This paper addresses analytical aspects of exchange rate policy and emphasizes the relationship among exchange rate flexibility, financial discipline, and international competitiveness.

Keywords: OP; nominal exchange rate; inflation rate; exchange rate; devaluation; exchange rate rule; exchange rate issue; section III; low-inflation country; equilibrium exchange rate; exchange rate vis-à-vis; Real exchange rates; Exchange rate arrangements; Exchange rates; Conventional peg; Exchange rate adjustments; Western Hemisphere; West Africa (search for similar items in EconPapers)
Pages: 30
Date: 1991-05-15
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Citations: View citations in EconPapers (85)

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