Economics, Econometrics and Finance
8 years ago

No One-Size-Fits-All: Fixed vs. Floating Exchange Rates Impact Global Economies.

1 view
World Economic Research
Fixed Exchange Rate Regime or Floating Exchange Rate Regime?
红宇 潘

Paper Summary

The article compares fixed and floating exchange rate regimes based on reliability, stability, flexibility, monetary policy independence, and handling financial crises. It concludes that no single regime fits all countries or times, and the choice depends on specific circumstances.

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