Parallel exchange rates in developing countries / edited by Miguel A. Kiguel, J. Saul Lizondo, and Stephen A. O'Connell.

Format:

Book

Contributor:

Kiguel, Miguel Alberto, 1954-

Lizondo, José Saúl.

O'Connell, Stephen A.

Language:

English

Subjects (All):

Foreign exchange rates--Developing countries--Econometric models--Case studies.

Foreign exchange rates.

Economic stabilization--Developing countries--Econometric models--Case studies.

Economic stabilization.

Econometric models.

Developing countries--Economic policy--Econometric models--Case studies.

Developing countries.

Economic policy.

Physical Description:

xiii, 399 pages : illustrations ; 22 cm

Place of Publication:

Houndmills, Basingstoke, Hampshire : Macmillan Press ; New York : St. Martin's Press, 1997.

Summary:

This book examines extensive empirical evidence on the macroeconomic implications of parallel exchange rates in developing countries. Eight case-studies from Africa, Latin America, and Turkey provide detailed evidence on the emergence of parallel exchange rates, their impact on macroeconomic performance, and the criteria for successful exchange-rate unification. A chapter on European dual exchange rates summarizes the contrasting experience of industrial countries. An overview chapter lays out the analytical framework, assesses the evidence, and draws policy conclusions.

Notes:

Includes bibliographical references and indexes.

ISBN:

0312165587

0333642945

OCLC:

35262306