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From hard-peg to hard landing? : recent experiences of Argentina and Ecuador

By: Material type: TextTextPublication details: ECLAC SantiagoCL 2003Description: 41 pAction note:
  • 6/5/03 JOYD
Summary: 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.
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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.

6/5/03 JOYD

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