The Collapse of Exchange Rate Regimes: Causes, Consequences and Policy Responses - Image 1

£76.76

Springer The Collapse of Exchange Rate Regimes: Causes, Consequences and Policy Responses

Name: The Collapse of Exchange Rate Regimes: Causes, Consequences and Policy Responses
Brand: Springer
Price: 76.76 GBP
Availability: InStock

International

About as cheap as it gets. The only time it was cheaper was 2 months ago.

£77 today · all-time low £75 (Mar 2026) · usually the usual

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 48 days • 48 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 48 days • 3 price levels

Days at Price

Current Price

Price Analysis

Most common price: £78 (24 days, 50.0%)

Price range: £75 - £78

Price levels: 3 different prices over 48 days

Description

ical) and to self-fulfilling currency crisis, respectively. Research stressing the former approach was pioneered by Krugman (1979) and Flood and Garber (1984). According to this line of research, the failure of governments to adopt domestic monetary and fiscal policies consistent with their stated exchange rate targets leads to a gradual diminution of reserves and eventually a stock adjustment that depletes reserves suddenly in one attack (Sachs, Tornell, and Velasco, 1996, page 47). The result is either a devaluation of the exchange rate or a switch to floating. Subsequent work of this genre has specified a number of other channels, in addition to that involving inconsistent and unsustainable monetary and fiscal policies, that can precipitate an attack: 1. Inconsistency between external and internal objectives. The stances of monetary and fiscal policies may be consistent with the authorities' exchange rate target, but domestic economic indicators (such as the unemployment rate) may be inconsistent with internal balance, resulting in pressures on the authorities to relax macroeconomic policies. Private agents, aware of this inconsistency, perceive an opportunity for profits from a currency devaluation and precipitate an attack. 2. Contagion effects. Prior to an attack on another currency (say that of country B), the market may view a country's (say, country A's) exchange rate as consistent with economic fundamentals and, thus, sustainable.

Product Specifications

Brand: Springer
Format: paperback
ASIN: 1461378877
Category: Books > Subjects > Business, Finance & Law > Accounting > International
Domain: Amazon UK
Publication Date: 23 October 2012
Listed Since: 03 March 2013

Barcode

No barcode data available

Springer The Collapse of Exchange Rate Regimes: Causes, Consequences and Policy Responses

About as cheap as it gets. The only time it was cheaper was 2 months ago.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Currencies, Capital Flows and Crises: A Post Keynesian Analysis of Exchange Rate Determination (Routledge Advances in Heterodox Economics)

The Politics of Exchange Rates in Developing Countries: Political Cycles and Domestic Institutions (Contributions to Economics)

Routledge Currencies, Capital Flows and Crises - Economics Book

Balance of Payments: Theory and Economic Policy

Balance of Payments: Theory and Economic Policy

Interest Rates, Exchange Rates and World Monetary Policy

Monetary and Exchange Rate Policy (Studies in Banking and International Finance)

Financial Markets and European Monetary Cooperation: The Lessons of the 1992–93 Exchange Rate Mechanism Crisis (Japan-US Center UFJ Bank Monographs on International Financial Markets)

Exchange-Rate Dynamics (Princeton Series in International Economics)

Wechselkursschwankungen, Außenhandel und Arbeitsmärkte: Neue theoretische und empirische Analysen im Lichte der Europäischen Währungsunion: 183 (Wirtschaftswissenschaftliche Beiträge, 183)

The International Monetary System and the Less Developed Countries

The Exchange Rate in a Behavioral Finance Framework

The Making of China’s Exchange Rate Policy: From Plan to WTO Entry

FOREIGN EXCHANGE INTERVENTION: Theory and Evidence

EXCHANGE RATE ECONOMICS (The International Library of Critical Writings in Economics series)

Economic Adjustment & Exchange Rates in Developing Countries (National Bureau of Economic Research Conference Report)

Exchange Rates, Interest Rates and Commodity Prices

Exchange Rate Economics: Theories and Evidence

Exchange Rate Economics: Theories and Evidence

Fundamental Determinants Of Exchange Rates

International Financial Markets: An Overview

Currency Wars: Offense and Defense through Systemic Thinking (Contemporary Systems Thinking)

Routledge - Exchange Rate Crises in Developing Countries

EXCHANGE RATES IN DEVELOPED: Practices, Challenges & Economic Implications (Economic Issues, Problems and Perspectives)