Showing 1 - 10 of 11,998
1957-98 were associated with periods of lower real commodity price volatility. These stabilizing effects are statistically … Euro on January 1, 1999, should be expected to contribute to reduced volatility of world commodity prices, other things …
Persistent link: https://www.econbiz.de/10005263979
This paper offers guidance on the operational aspects of official intervention in the foreign exchange market, particularly in developing countries with flexible exchange rate regimes. A brief survey of the literature and country experience is followed by an analysis of the objectives, timing,...
Persistent link: https://www.econbiz.de/10005826478
of excessive spreads. The result is largely explained by the substantial increase in exchange rate volatility during the …
Persistent link: https://www.econbiz.de/10005826576
The effect of exchange rate volatility on trade flows was examined by a 1984 IMF study on G-7 countries. Over the past …-border capital flows, may have exacerbated exchange rate volatility, while others, such as a deepening of the market in foreign … exchange hedging instruments, may have reduced the impact of volatility on trade flows. Using recent advances in the economic …
Persistent link: https://www.econbiz.de/10005767343
What determines the currency to which countries peg or "anchor" their exchange rate? Data for over 100 countries between 1980 and 1998 reveal that trade network externalities are a key determinant. This implies that anchor currency choice may well be suboptimal in that certain currencies, e.g.,...
Persistent link: https://www.econbiz.de/10005605395
The Canadian experience with a floating exchange rate regime can shed some light on the question of whether A question of current interest in many parts of the world is whether with growing economic integration among groups of countries makes a fixed exchange rate, or even a common currency,...
Persistent link: https://www.econbiz.de/10005605495
This study examines the relationship between the foreign exchange regime and macroeconomic performance in Eastern Africa. The study focuses on seven countries, five of which decisively liberalized their foreign exchange regimes. The study assesses the relationship between (i) growth and various...
Persistent link: https://www.econbiz.de/10010790391
expansion of Chinese market, competition between exporters has increased too. In the same period, the position of Malaysia in …
Persistent link: https://www.econbiz.de/10009190198
diversified their economies. Third, to analyze the relationship between diversification, growth, and volatility. …
Persistent link: https://www.econbiz.de/10011245889
Romania. We highlighted the sense of the relationship between exchange rate and exports or imports, but the intensity between …
Persistent link: https://www.econbiz.de/10011004919