How would a fixed-exchange-rate regime fit the transition economies?

Economic Transition and the Exchange-Rate Regime

Economic Transition and the Exchange-Rate Regime Author(s): Jeffrey D. Sachs Reviewed work(s): Source: The American Economic Review, Vol. 86, No. 2, Papers and Proceedings of the Hundredth and Eighth Annual Meeting of the American Economic Association San Francisco, CA, January 5-7, 1996 (May, 1996), pp. 147-152 Published by: American Economic Association Stable URL: http://www.jstor.org/stable...

The Impact of Monetary Regime on the Exchange Rate Pass-Through under Exchange Rate Volatility (Dynamic Panel Data Approach)

Choosing an Exchange Rate Regime

1The sequence within intermediate regimes is somewhat arbitrary. For example, if the band is as narrow as 2 4 % as in the European Exchange Rate Mechanism or even 1% as under Bretton Woods, then it would properly belong closer to the fixed-rate end of the spectrum. Similarly, if the adjustable peg involved a devaluation or revaluation every time a moderate shock came along, it would properly be...

The Political Economy of Exchange Rate Regime Determination: A Comparison of Developing and Developed Countries

The non-optimal choice of exchange rate policy is a serious obstacle to improving the country's economic situation. Considering that the involvement of political economy factors in the adoption of exchange rate policy causes its inefficiency and the choice of exchange rate regime in developing countries seems to has been more influenced by the political economy factors, the study of amount and ...

A study of strategy of Small Economies facing the Transition of large Economies Industrial Structure

Taiwan economy has always been export-oriented, creating tightly-linked industrial chains between cross-straits companies tightly. Understanding the influence of transforming industrial patterns of major economic entities would be critical for long-term cooperative small economic entities (countries or regions) in the periphery. The author of this paper has thus analyzed the influences and ...