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Quantitative Exchange Rate Economics in Developing Countries - A New Pragmatic Decision Making Approach (Hardcover, New)
Loot Price: R2,839
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Quantitative Exchange Rate Economics in Developing Countries - A New Pragmatic Decision Making Approach (Hardcover, New)
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This book examines the options for adopting an appropriate model of
the exchange rate determination and its associated regime suitable
for developing countries, with a case study of Indonesia. It
examines exchange rate issues, develops market based, equilibrium
and shadow pricing exchange rate models for developing countries,
and suggests a suitable approach which is based on the
consideration of all these three types of models and the choice of
its associated exchange rate regime. This book shows that a
credible exchange rate regime and policy, which reduces uncertainty
in the exchange rate market, may mitigate the flight to currency
from broad money, and ensure the stability and certainty for
private sectors, especially in terms of export competitiveness.
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