Economic Interdependence and Flexible Exchange Rates
Title | Economic Interdependence and Flexible Exchange Rates PDF eBook |
Author | Jagdeep S. Bhandari |
Publisher | Mit Press |
Pages | 566 |
Release | 1983-02-01 |
Genre | Business & Economics |
ISBN | 9780262520836 |
Distinguished economists review how the 1973 shift from fixed exchange rates to flexible rates has influenced world economic interdependence.
International Economic Interdependence, Patterns of Trade Balances and Economic Policy Coordination
Title | International Economic Interdependence, Patterns of Trade Balances and Economic Policy Coordination PDF eBook |
Author | Mario Baldassarri |
Publisher | Springer |
Pages | 437 |
Release | 2016-07-27 |
Genre | Business & Economics |
ISBN | 1349222569 |
The subject of this book is the kind of economic interaction and interdependence that has arisen among nations in the contemporary world economy, the nature and significance of the pattern of trade balances that have resulted from them, and the question of what, if anything, should be done by national governments about that pattern. The need for international coordination of economic policies is also investigated.
Aspects of International Economic Interdependence Under Flexible Exchange Rates
Title | Aspects of International Economic Interdependence Under Flexible Exchange Rates PDF eBook |
Author | Nelson Chung Mark |
Publisher | |
Pages | 304 |
Release | 1983 |
Genre | Foreign exchange |
ISBN |
Proceedings of the EPA International Symposium on Economic Interdependence Under Flexible Exchange Rates and the EPA World Economic Model of February, 1984
Title | Proceedings of the EPA International Symposium on Economic Interdependence Under Flexible Exchange Rates and the EPA World Economic Model of February, 1984 PDF eBook |
Author | |
Publisher | |
Pages | 404 |
Release | 1984 |
Genre | Dependency |
ISBN |
Trade and Financial Interdependence Under Flexible Exchange Rates
Title | Trade and Financial Interdependence Under Flexible Exchange Rates PDF eBook |
Author | Jorge Braga de Macedo |
Publisher | |
Pages | 40 |
Release | 1986 |
Genre | Currency convertibility |
ISBN |
FLEXIBLE EXCHANGE RATES AND INTERDEPENDENCE
Title | FLEXIBLE EXCHANGE RATES AND INTERDEPENDENCE PDF eBook |
Author | Rudiger W. DORNBUSCH (Rudi) |
Publisher | |
Pages | |
Release | 1982 |
Genre | |
ISBN |
International Affairs
Title | International Affairs PDF eBook |
Author | U S Government Accountability Office (G |
Publisher | BiblioGov |
Pages | 212 |
Release | 2013-07 |
Genre | |
ISBN | 9781289224301 |
GAO sponsored a symposium of specialists on exchange rate behavior. The seminar participants addressed the yen-dollar exchange rates and analyzed the implications of floating exchange rates and economic interdependence on the conduct of national macroeconomic policy and the future of the international financial system. GAO found that it is questionable whether some policy to manage exchange rates can mitigate or reverse the adverse economic effects of exchange rate behavior. One analyst noted that there are alternative definitions of exchange rate overvaluation and several plausible sources of overvaluation. The limits to research in exchange rate behavior partially explain the disagreement over exchange rate management policy, and forecasting long-range exchange rates has not been successful. Although the symposium participants agreed that floating exchange rates cannot insulate an open economy from external economic disturbances or contain domestic disturbances within a single economy, they agreed that flexible exchange rates are superior to fixed rates. Panelists also agreed that policies aimed at countering misaligned exchange rates will have limited success if national macroeconomic policies differ markedly. Furthermore, a policy that addresses only the exchange rate, without addressing monetary and fiscal policies, can have only limited success.