Seminar paper from the year 2011 in the subject Economics - Macro-economics, general, , language: English, abstract: This term paper outlines the theory of Opti

Traditionally the choice of exchange rate regime has been seen as a second-best policy choice, which can be directed toward mitigating the distortionary effects

This essay considers some prescriptions that are currently popular regarding exchange rate regimes: a general movement toward floating, a general movement towar

A growing number of countries are adopting flexible exchange rate regimes because flexibility offers more protection against external shocks and greater monetar