This book presents theoretical and empirical analyses of the new developments in exchange rate regimes in developing countries since the 1990s. It addresses a variety of exchange rate regimes from hard peg to floating and their impact in regions such as East Asia, Latin America and Eastern Europe.

Autorentext
HISAYUKI MITSUO is a Researcher at the Institute of Developing Economies (IDE-JETRO), Japan, specializing in monetary policy in developing countries.

Inhalt
De Facto Exchange Rate Regimes in Emerging Market Countries, 1990-2001: Some Empirical Evidence; T.Esaka Roles of Hard Pegs in Developing and Transition Countries: Cases of Argentina, Estonia, Bulgaria, and Ecuador; H.Mitsuo Monetary Policy in Brazil under Flexible Exchange Rate; S.Nishijima Fluctuations in the Yen/Dollar Exchange Rate, East Asian Business Cycles, and Asian Currency Crisis; M.Kumakura East Asian Monetary Integration: An Empirical Assessment of the Optimum Currency Area Criteria; K.Sato Trade Competition and Real Exchange Rates; M.Kumakura Effects of Exchange Rate Revaluation under Price Controls and Endogenous Quality Adjustment; K.Furuya