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Reviews the stability of the overall system of exchange rates by examining macroeconomic performance (inflation, growth, crises) under alternative exchange rate regimes; implications of exchange rate regime choice for interaction with the rest of the system (external adjustment, trade integration, capital flows); and potential sources of stress to the international monetary system.
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Exchange Rate Regimes and the Stability of the International Monetary System, International Monetary Fund
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- Pubblicato
- 2010
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