Some have argued that the only sustainable regimes are free floating and hard exchange rate commitments--essentially currency boards or monetary unions (Eicheng
The International Monetary Fund (IMF) presents the full text of an article entitled "Exchange Rate Regime Transitions," by Paul Masson and published July 2000.
Since beginning economic transition, the Czech Republic, Estonia, Hungary, Poland, and Slovenia have—with much success—employed diverse exchange rate regime
Using recent advances in the classification of exchange rate regimes, this paper finds no support for the popular bipolar view that countries will tend over tim
A growing number of countries are adopting flexible exchange rate regimes because flexibility offers more protection against external shocks and greater monetar