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On the credibility issue of exchange rate target zones
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Inhaltsangabe:Zusammenfassung: Währungskrisen, wie die des Europäischen Währungssystems (EWS) 1992, können noch immer nur unzureichend vorausgesagt werden.
Credibility and the International Monetary Regime
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The present global monetary regime is based on floating among the major advanced countries. A key underlying factor behind the present regime is credibility to
Modern Perspectives on the Gold Standard
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Currency crises in Europe and Mexico during the 1990s provided stark reminders of the importance and the fragility of international financial markets. These exp
Modern Exchange-rate Regimes, Stabilisation Programmes and Co-ordination of Macroeconomic Policies
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Published in 1999, this work analyzes the phenomenon of macroeconomic adjustment, with special emphasis on selected Latin American countries facing stabilizatio
European Foreign Exchange Movements and Financial Institutions
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Here are new insights into the process of European financial integration which continues to remain in the forefront of international financial developments. Bas