
Exchange Rate Misalignment: Concepts and Measurement for Developing Countries
Title: Exchange Rate Misalignment: Concepts and Measurement for Developing Countries Author: Oxford University Press USA ISBN: 9780195211269 Publisher: World Bank Publications Published: 1999 Binding: Hardcover Language: English Condition: Used: Good Z 1628871 Publisher Description: 'Some people may believe that crises are an inevitable feature of the capitalist system. Others hold that exchange-rate crises will vanish as more and more countries adopt floating exchange rates... But, some of us believe that crises can be avoided or at least limited by good economic management, and that having a reasonable idea of where the equilibrium exchange rate lies is an essential requirement for good macro management...' - John Williamson, Chief Economist, South Asia Region, World Bank 'Exchange Rate Misalignment' provides a comprehensive treatment of the conceptual and empirical issues concerning