Real Adjustment Processes under Floating Exchange Rates (Studies in International Economics and Institutions) - Softcover
Synopsis
Flexible exchange rates pose new adjustment problems for firms and for policy-makers. It is shown that (some) firms have developed successful strategies to meet the new challenges. On the other hand, government interventions are often inappropriate. The book deals with the different strategies developed by firms and policy-makers and their consequences.
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Real Adjustment Processes under Floating Exchange Rates (Studies in International Economics and Institutions)
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Real Adjustment Processes under Floating Exchange Rates (Studies in International Economics and Institutions)
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Real Adjustment Processes under Floating Exchange Rates
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Springer Berlin Heidelberg Dez 2011, 2011
ISBN 10: 3642842003
ISBN 13: 9783642842009
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Helmut Schneider 1. The Formulation of the Research Programme 1. In the late sixties the acceleration of US inflation revived the discussion of the fifties about the superiority of flexible exchange rates: The US balance of payments deteriorated since 1965, the dollar shortage after World War II changed to a dollar surplus. The import of US inflation by their main trading partners intensified political pressures so that at the beginning of the seventies most leading countries decided, contrary to the rules of the Bretton Woods agreement, to stop their intervention in the market for foreign exchange and to let the exchange rates be determined by market forces. It is worthwhile recalling that at that time one had only very limited experience with the regime of flexible exchange rates: The most important case, the floating of Canadian against the US dollar, could not be generalized to a world where nearly all important countries adhered to the regime of flexible exchange rates. ! - But one really had rich experience with destabilizing capital flows (or 'hot money') that forced monetary authorities to adjust exchange rates in a system of managed flexibility to the expecta tions of 'speculators'. 312 pp. Englisch. Seller Inventory # 9783642842009
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Real Adjustment Processes under Floating Exchange Rates
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Real Adjustment Processes under Floating Exchange Rates
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Springer Berlin Heidelberg, 2011
ISBN 10: 3642842003
ISBN 13: 9783642842009
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Helmut Schneider 1. The Formulation of the Research Programme 1. In the late sixties the acceleration of US inflation revived the discussion of the fifties about the superiority of flexible exchange rates: The US balance of payments deteriorated since 1965,. Seller Inventory # 5072034
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Real Adjustment Processes under Floating Exchange Rates
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Condition: New. Print on Demand pp. 312 33 Figures, 67:B&W 6.69 x 9.61 in or 244 x 170 mm (Pinched Crown) Perfect Bound on White w/Gloss Lam. Seller Inventory # 44786923
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Real Adjustment Processes Under Floating Exchange Rates (Studies in International Economics and Institutions)
Published by
Springer Berlin Heidelberg, 2011
ISBN 10: 3642842003
ISBN 13: 9783642842009
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Paperback. Condition: Brand New. reprint edition. 308 pages. 9.60x6.60x0.80 inches. In Stock. Seller Inventory # x-3642842003
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Real Adjustment Processes under Floating Exchange Rates
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Taschenbuch. Condition: Neu. Real Adjustment Processes under Floating Exchange Rates | Franz Gehrels (u. a.) | Taschenbuch | vi | Englisch | 2011 | Springer | EAN 9783642842009 | Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu. Seller Inventory # 106366865
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Real Adjustment Processes under Floating Exchange Rates
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Condition: New. PRINT ON DEMAND pp. 312. Seller Inventory # 1848028478