Comparison of Effects of Reclassification of Exchange Rate Regime between Poland and Indonesia

This paper analyses the impact of the reclassification of the exchange rate regimes on the emerging economies. The factors that are taken into consideration are the economic growth, financial stability, inflation, trade and investment. To compare between the two phases a paired t-test was conducted which gave a mixed conclusion for different factors. It was seen that the reclassification was beneficial for some factors whereas in some cases it resulted in its decline