This book examines the options for adopting an appropriate model of the exchange rate determination and its associated regime suitable for developing countries. It shows that a credible exchange rate regime and policy may mitigate the flight to currency from broad money, and ensure stability and...

Gang der Untersuchung und methodologische Abgrenzung -- Effizienz von Devisenmarktinterventionen im makroökonomischen Kontext -- Mikrostrukturelle Erklärung der Preisbildung am Devisenmarkt -- Analyse von Devisenmarktinterventionen in Mikrostrukturmodellen -- Fazit und Ausblick.

The book presents all major subjects in international monetary theory, foreign exchange markets, international financial management and investment analysis. The book is relevant to real world problems in the sense that it provides guidance on how to solve policy issues as well as practical...

This book considers the issue of exchange rate policymaking from a political economy perspective. It illustrates both theoretically and empirically how domestic political and institutional incentives shape exchange rate policies in developing countries. Empirical analysis is based on a panel...

This book looks at the PPP persistence puzzle, and econometric aspects of exchange rate dynamics and their implications. It also explores the importance of exchange rate dynamics in the pass-through effects (PTE) and the econometric aspects of the exchange rates dynamics linked to structural...

A Theoretical Framework -- Specifications and Assumptions -- Underlying Equilibrium Growth Paths -- Variations in Employment -- Some Important Implications -- Exchange Rate Overshooting -- Exchange Rate Determination -- Issues Regarding Exchange Rate Determination -- Time Series Properties of...

The Big Picture: Global Trends Affecting Agricultural Finance -- Institutional and Process Innovations in Serving Rural Clients -- Dealing With Risks in Agricultural Finance -- Using Modern Technology for High-Quality Services in Rural Areas

A credible central bank can effectively lead the process of financial sector reform in a developing country. This book discusses central banking issues and offers a clear path to building credible central banks in emerging economies

This book is about engaging and empowering people through their own domestic resources, by using upstream energy to create larger downstream employment opportunities. Incorporating sustainability, resource enhancement, and energy responsibility can generate awareness and better utilization of...