02102nam 2200445 450 991082546930332120200520144314.01-62273-423-8(CKB)4100000004820265(MiAaPQ)EBC5394059(Au-PeEL)EBL5394059(CaPaEBR)ebr11559362(OCoLC)1038230319(PPN)238419983(EXLCZ)99410000000482026520190301d2017 uy 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierFixed or flexible exchange rates? history and perspective /Marin MuzhaniWilmington, Delaware ;Malaga, Spain :Vernon Press,2017.1 online resource (367 pages)Vernon series in economics1-62273-177-8 This book compares and contrasts flexible versus fixed exchange rate regimes. Beginning with their theoretical justifications, it showcases their observed advantages and disadvantages as they played out in the currency crises of the 1990s and early 2000s across Asia, Europe and Latin America. An analysis of the drivers and implications of these crises singles out fast-paced liberalization and globalization as having played central roles. Moreover it sheds light on some of the factors contributing to the 2008 financial crisis and the key monetary events in its aftermath. An accessible, yet rigorous discussion, supported by extensive evidence, helps readers reach their own conclusions regarding the respective merits of alternative exchange rate systems.--Provided by Publisher.Vernon Press series in economics.Foreign exchange ratesHistoryHistory.fastForeign exchange ratesHistory.332.4509Muzhani Marin1651509MiAaPQMiAaPQMiAaPQBOOK9910825469303321Fixed or flexible exchange rates4001505UNINA