MARC Record from marc_columbia

LEADER: 04867fam a2200457 a 4500
001 2182771
005 20220615223749.0
008 980715s1999 coua b 000 0 eng
010 $a 98030421
020 $a081333019X (alk. paper)
035 $a(OCoLC)39539535
035 $a(OCoLC)ocm39539535
035 $9ANQ5755CU
035 $a(NNC)2182771
035 $a2182771
040 $aDLC$cDLC$dNNC$dOrLoB-B
043 $aee-----
050 00 $aHG3942.9$b.E94 1998
082 00 $a332.4/56/0947$221
245 00 $aExchange-rate policies for emerging market economies /$cedited by Richard J. Sweeney, Clas G. Wihlborg, and Thomas D. Willett.
260 $aBoulder, CO :$bWestview Press,$c1999.
300 $ax, 391 pages :$billustrations ;$c24 cm.
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
490 1 $aThe political economy of global interdependence
504 $aIncludes bibliographical references.
505 00 $tIntroduction /$rRichard J. Sweeney, Clas Wihlborg and Thomas D. Willett --$g1.$tThe Case for Hard Currency Strategies for Emerging Market Economies /$rEduard Hochreiter --$g2.$tIs Optimum Currency Area Theory Irrelevant for Economies in Transition? /$rLinda S. Goldberg --$g3.$tThe Relevance of the Optimum Currency Area Approach for Exchange Rate Policies in Emerging Market Economies /$rThomas D. Willett and Clas Wihlborg --$g4.$tExchange Rates as Nominal Anchors: An Overview of the Issues /$rJilleen R. Westbrook and Thomas D. Willett --$g5.$tCentral European Exchange Rate Policy and Inflation /$rRichard C. K. Burdekin, Heidi Nelson and Thomas D. Willett --$g6.$tThe Baltic States: Alternative Routes to Credibility /$rGediminas Dubauskas, Clas Wihlborg and Thomas D. Willett --$g7.$tExchange Rate Based Stabilization Policy in Latin America /$rPamela Martin, Jilleen R. Westbrook and Thomas D. Willett --
505 80 $g8.$tIs Pegging the Exchange Rate a Cure for Inflation? East Asian Experiences /$rReuven Glick, Michael Hutchison and Ramon Moreno --$g9.$tIntervention Strategy and Purchasing Power Parity /$rRichard J. Sweeney --$g10.$tTrade and Payments in Eastern European Economic Reform /$rSven W. Arndt --$g11.$tReal Exchange Rate Targeting in Economies in Transition and the Sterilization Problem: The Hungarian Experience /$rPierre L. Siklos and Istvan Abel --$g12.$tExchange Rate Crises: Are Currency Boards the Answer for Emerging Market Economies? /$rRichard J. Sweeney --$g13.$tThe Estonian Currency Board /$rMarten Ross --$g14.$tThe Lithuanian Currency Board /$rGediminas Dubauskas --$g15.$tThe Czech Case: Fixed Exchange Rates through Stages of Transition /$rMiroslav Hrncir --$g16.$tExchange Rate Policy in Hungary Between 1989 and Mid 1995 /$rPal Gaspar --$g17.$tPoland's Exchange Rate Policy in the 1990s /$rTadeusz Kowalski and Renata Stawarska --
505 80 $g18.$tAn Evaluation of Optimal Currency Areas for the Commonwealth of Independent States /$rKing Banaian and Eugenue Zhukov.
520 $aWith the loss of Soviet control in Central and Eastern Europe, as well as the move toward economic liberalization in many developing countries, a huge increase in the number of convertible currencies in the world has occurred. A key aspect of the management of these currencies involves their relationships with the world economy, which is determined partly by the type of exchange rate regime.
520 8 $aOn the one hand, a fixed exchange rate requires that a country be willing to give up its domestic macroeconomic independence. On the other, a flexible exchange rate may carry substantial costs in terms of inflation. Contributors to this volume argue that the costs and benefits of fixed versus flexible rates vary systematically across different types of economies. Currency-board fixed exchange rate systems have definite attractions for relatively small open economies but make much less sense for large economies.
520 8 $aThey also conclude that attempts to avoid the basic choice between fixed and flexible rates by adopting temporarily pegged exchange rates have generally ended in failure.
650 0 $aForeign exchange rates$xGovernment policy$zEurope, Eastern.
650 0 $aEconomic stabilization$xGovernment policy$zEurope, Eastern.
650 0 $aMonetary policy$zEurope, Eastern.$0http://id.loc.gov/authorities/subjects/sh2010102181
650 0 $aPost-communism$zEurope, Eastern.$0http://id.loc.gov/authorities/subjects/sh2008109561
700 1 $aSweeney, Richard J.$q(Richard James),$d1944-$0http://id.loc.gov/authorities/names/n80035674
700 1 $aWihlborg, Clas.$0http://id.loc.gov/authorities/names/n78082435
700 1 $aWillett, Thomas D.$0http://id.loc.gov/authorities/names/n50017293
830 0 $aPolitical economy of global interdependence.$0http://id.loc.gov/authorities/names/n90672817
852 00 $boff,bus$hHG3942.9$i.E94 1999