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Titlebook: New Developments of the Exchange Rate Regimes in Developing Countries; Hisayuki Mitsuo (researcher at IDE-JETRO) Book 2007 Palgrave Macmil

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,De Facto Exchange Rate Regimes in Emerging Market Countries, 1990–2001: Some Empirical Evidence,es. This topic has gained momentum following the major currency crises seen in the 1990s (e.g. the European Monetary System (EMS) crisis in 1992–93, the Mexican crisis in 1994–95, and the Asian crisis in 1997–98). In a world with increasingly integrated capital markets, we are led to pose the questi
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Monetary Policy in Brazil under a Flexible Exchange Rate,plemented in July 1994 successfully eliminated high rates of inflation by adopting an exchange rate anchor system. It is very evident that the policy reforms introduced during the 1990s helped this disinflation process by liberalizing trade and capital markets, which significantly increased market c
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Trade Competition and Real Exchange Rates,tional theory of optimum currency areas (OCA) focuses on static efficiency gains as the benefit of monetary union, recent studies stress the possibility that currency union boosts trade among member countries and helps synchronize their business cycles, thus obviating the need for national monetary
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Effects of Exchange Rate Revaluation under Price Controls and Endogenous Quality Adjustment,ed to revaluate the exchange rate (i.e. let the home currency appreciate against foreign currencies). Well-known examples are West Germany in the 1960s (which ended up revising the dollar—Deutschemark rate in 1961 and 1969) and Japan in the early 1970s (which acquiesced in the Smithsonian Agreement
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rstanding of the connections and complexities of the BritishThis book examines how the expansion of a steam-powered Royal Navy from the second half of the nineteenth century had wider ramifications across the British Empire. In particular, it considers how steam propulsion made vessels utterly depen
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