Levy Yeyati, Eduardo (contributor); … - 2007
years the term "fear of floating" has been used
to describe exchange rate regimes that, while officially
flexible, in … the neo-mercantilist
view of a depreciated real exchange rate as protection for
domestic industries. As a first step to … Argentina, to name a few) are still actively pursuing active
exchange rate policies. In fact, the trend seems to point this …