The Role of the Exchage Rate in Inflation-Targeting Emerging Economies

ISBN-13: 9781589067967 / Angielski / Miękka / 2010 / 72 str.

Mark Stone

Opis

Inflation-targeting emerging economies have less flexible exchange rate arrangements and intervene more frequently in the foreign exchange market. This book explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become germane during episodes of financial turmoil and volatile capital flows.