1st Edition
Exchange Rate Crises in Developing Countries The Political Role of the Banking Sector
By Michael G. Hall
Copyright 2005
226 Pages
by
Routledge
226 Pages
by
Routledge
226 Pages
by
Routledge
Also available as eBook on:
According to many economists, the increasing mobility of capital across borders has made it more costly to peg exchange rates. This phenomenon has contributed to some of the more famous examples of exchange rate crises in recent times, such as the Mexican peso crisis in 1994 and the Asian financial crisis in 1997. Yet despite the increasing costs of pegging in today's accelerated financial... Read more
Contents: To peg or not to peg, that is the question; Theories of exchange-rate regime determination; Statistical tests; Thailand; Mexico; Peru; Colombia; Conclusions; Appendix; Bibliography; Index.
Biography
Michael G. Hall
