LEADER 02102nam 2200445 450 001 9910796851203321 005 20200520144314.0 010 $a1-62273-423-8 035 $a(CKB)4100000004820265 035 $a(MiAaPQ)EBC5394059 035 $a(Au-PeEL)EBL5394059 035 $a(CaPaEBR)ebr11559362 035 $a(OCoLC)1038230319 035 $a(PPN)238419983 035 $a(EXLCZ)994100000004820265 100 $a20190301d2017 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aFixed or flexible exchange rates? $ehistory and perspective /$fMarin Muzhani 210 1$aWilmington, Delaware ;$aMalaga, Spain :$cVernon Press,$d2017. 215 $a1 online resource (367 pages) 225 1 $aVernon series in economics 311 $a1-62273-177-8 330 $aThis book compares and contrasts flexible versus fixed exchange rate regimes. Beginning with their theoretical justifications, it showcases their observed advantages and disadvantages as they played out in the currency crises of the 1990s and early 2000s across Asia, Europe and Latin America. An analysis of the drivers and implications of these crises singles out fast-paced liberalization and globalization as having played central roles. Moreover it sheds light on some of the factors contributing to the 2008 financial crisis and the key monetary events in its aftermath. An accessible, yet rigorous discussion, supported by extensive evidence, helps readers reach their own conclusions regarding the respective merits of alternative exchange rate systems.--$cProvided by Publisher. 410 0$aVernon Press series in economics. 606 $aForeign exchange rates$xHistory 608 $aHistory.$2fast 615 0$aForeign exchange rates$xHistory. 676 $a332.4509 700 $aMuzhani$b Marin$01482153 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910796851203321 996 $aFixed or flexible exchange rates$93699540 997 $aUNINA