||4 of 4 people found the following review helpful.| Very dry and not particularly insightful|By A. Menon|I bought this book years ago as exchange rate regimes became of increasing focus. Stresses in the Eurozone and financial imbalances between China and the US brought increasing focus to exchange rate regimes and their effects on political economy. The book is split into four sections, firstly- an introduction to modern exch|||In the aftermath of the global financial crisis, our need for a deeper understanding of the causes and consequences of international monetary and financial arrangements is clearer then ever. Exchange rate regimes in the modern era have shaped trade patterns,
The exchange rate is sometimes called the most important price in a highly globalized world. A country's choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic outcomes, and is the subject of both academic and policy debate. In this book, two leading economists examine the operation and consequences of exchange rate regimes in an era o... [PDF.yv60] Exchange Rate Regimes in the Modern Era (MIT Press) Rating: 4.88 (716 Votes)
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