English, Article, Journal or magazine article edition: Exchange Rate: Fix, Float, or Manage It? Luiz Carlos Bresser-Pereira

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Bookmark: http://trove.nla.gov.au/version/127772
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Exchange Rate: Fix, Float, or Manage It?
Author
  • Luiz Carlos Bresser-Pereira
Physical Description
  • preprint
Notes
  • The Exchange Rate is the Most Strategic of the Four Macroeconomic Prices. it Determines not Only Exports and Imports, But Also Real Wages, Consumption and the Savings Rate. Conventional Theory Holds That it is Impossible to Manage It, and That the Only Alternatives are to Fix or to Float It. the Experience of the East Asian Countries, That Use it Strategically, Demonstrates That This Claim is False.
  • RePEc:fgv:eesptd:135
Language
  • English
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