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The Politics of Exchange Rates in Developing Countries (Contributions to Economics)

Ralph Setzer




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 | #4661857 in eBooks |  2006-09-21 |  2006-09-21 | File type: PDF

||From the Back Cover|This book considers the issue of exchange rate policymaking from a political economy perspective. It illustrates both theoretically and empirically how domestic political and institutional incentives shape exchange rate policies in developing

This book considers the issue of exchange rate policymaking from a political economy perspective. It illustrates both theoretically and empirically how domestic political and institutional incentives shape exchange rate policies in developing countries. Modelling policymakers’ preferences as endogenous, the book answers questions as the following: What influences the relative value that a country puts on fixed versus floating regimes? Why do governments, during cer...

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