From hard-peg to hard landing? : recent experiences of Argentina and Ecuador
Calcagno, Alfredo
From hard-peg to hard landing? : recent experiences of Argentina and Ecuador - SantiagoCL ECLAC 2003 - 41 p.
Argues that an intermediate exchange rate regime (compared to free floating or hard peg) will be a better option for countries subject to external financial shocks and a worldwide export and import structure. Bases the analysis on the Argentinean currency board and the full dollarization scheme in Ecuador.
11.03.01 C1441
From hard-peg to hard landing? : recent experiences of Argentina and Ecuador - SantiagoCL ECLAC 2003 - 41 p.
Argues that an intermediate exchange rate regime (compared to free floating or hard peg) will be a better option for countries subject to external financial shocks and a worldwide export and import structure. Bases the analysis on the Argentinean currency board and the full dollarization scheme in Ecuador.
11.03.01 C1441