New Developments of the Exchange Rate Regimes in Developing Countries [Hardcover]

This book presents theoretical and empirical analyses of the new developments in exchange rate regimes in developing countries since the 1990s. It addresses a variety of exchange rate regimes from hard peg to floating and their impact in regions such as East Asia, Latin America and Eastern Europe.De Facto Exchange Rate Regimes in Emerging Market Countries, 1990-2001: Some Empirical Evidence; T.Esaka Roles of Hard Pegs in Developing and Transition Countries: Cases of Argentina, Estonia, Bulgaria, and Ecuador; H.Mitsuo Monetary Policy in Brazil under Flexible Exchange Rate; S.Nishijima Fluctuations in the Yen/Dollar Exchange Rate, East Asian Business Cycles, and Asian Currency Crisis; M.Kumakura East Asian Monetary Integration: An Empirical Assessment of the Optimum Currency Area Criteria; K.Sato Trade Competition and Real Exchange Rates; M.Kumakura Effects of Exchange Rate Revaluation under Price Controls and Endogenous Quality Adjustment; K.FuruyaHISAYUKI MITSUO is a Researcher at the Institute of Developing Economies (IDE-JETRO), Japan, specializing in monetary policy in developing countries.