Matches in SemOpenAlex for { <https://semopenalex.org/work/W221424978> ?p ?o ?g. }
Showing items 1 to 74 of
74
with 100 items per page.
- W221424978 abstract "The exchange rate has a fundamental but dual role in the process of macroeconomic adjustment in the transition to a market economy: on the one hand, it sets the level of international competitiveness; on the other, it plays a key role in preserving macroeconomic stability. The authorities therefore face a serious trade-off: exchange-rate depreciation may induce higher international competitiveness in the short run, but it increases domestic inflationary pressures, and vice versa. This paper argues that the exchange-rate regime and exchange-rate policy did indeed play a crucial role in determining the patterns of macroeconomic adjustment in transition economies in the 1 990s. Transition countries were confronted with a number of important policy questions: which exchange-rate regime to adopt; how to evaluate the equilibrium exchange rate, and which criteria to use; what the magnitude and path of the initial adjustment in their exchange rates should be; and how to return to convertibility. Unfortunately, there is no single, straightforward answer. A variety of different types of exchange arrangement are possible, ranging from more or less permanently fixed rates to freely floating rates. Many countries started with severely depleted foreign-exchange reserves, which effectively dictated the choice of exchange-rate regime. This" @default.
- W221424978 created "2016-06-24" @default.
- W221424978 creator A5080386042 @default.
- W221424978 date "1998-05-01" @default.
- W221424978 modified "2023-09-27" @default.
- W221424978 title "The Exchange-Rate Regime in the Transition Period" @default.
- W221424978 cites W1963843954 @default.
- W221424978 cites W2047876229 @default.
- W221424978 cites W2065239130 @default.
- W221424978 cites W2082370599 @default.
- W221424978 cites W2197022677 @default.
- W221424978 cites W3093732670 @default.
- W221424978 doi "https://doi.org/10.1080/00128775.1998.11648661" @default.
- W221424978 hasPublicationYear "1998" @default.
- W221424978 type Work @default.
- W221424978 sameAs 221424978 @default.
- W221424978 citedByCount "3" @default.
- W221424978 crossrefType "journal-article" @default.
- W221424978 hasAuthorship W221424978A5080386042 @default.
- W221424978 hasConcept C139719470 @default.
- W221424978 hasConcept C141121606 @default.
- W221424978 hasConcept C162324750 @default.
- W221424978 hasConcept C18547055 @default.
- W221424978 hasConcept C2776034426 @default.
- W221424978 hasConcept C2776071005 @default.
- W221424978 hasConcept C2776943663 @default.
- W221424978 hasConcept C2776988154 @default.
- W221424978 hasConcept C34447519 @default.
- W221424978 hasConcept C44750222 @default.
- W221424978 hasConcept C556758197 @default.
- W221424978 hasConcept C58202505 @default.
- W221424978 hasConcept C82843974 @default.
- W221424978 hasConcept C95383336 @default.
- W221424978 hasConceptScore W221424978C139719470 @default.
- W221424978 hasConceptScore W221424978C141121606 @default.
- W221424978 hasConceptScore W221424978C162324750 @default.
- W221424978 hasConceptScore W221424978C18547055 @default.
- W221424978 hasConceptScore W221424978C2776034426 @default.
- W221424978 hasConceptScore W221424978C2776071005 @default.
- W221424978 hasConceptScore W221424978C2776943663 @default.
- W221424978 hasConceptScore W221424978C2776988154 @default.
- W221424978 hasConceptScore W221424978C34447519 @default.
- W221424978 hasConceptScore W221424978C44750222 @default.
- W221424978 hasConceptScore W221424978C556758197 @default.
- W221424978 hasConceptScore W221424978C58202505 @default.
- W221424978 hasConceptScore W221424978C82843974 @default.
- W221424978 hasConceptScore W221424978C95383336 @default.
- W221424978 hasLocation W2214249781 @default.
- W221424978 hasOpenAccess W221424978 @default.
- W221424978 hasPrimaryLocation W2214249781 @default.
- W221424978 hasRelatedWork W1485758347 @default.
- W221424978 hasRelatedWork W1486382266 @default.
- W221424978 hasRelatedWork W1554682757 @default.
- W221424978 hasRelatedWork W166826339 @default.
- W221424978 hasRelatedWork W1994361573 @default.
- W221424978 hasRelatedWork W2031514697 @default.
- W221424978 hasRelatedWork W2070478062 @default.
- W221424978 hasRelatedWork W2167079362 @default.
- W221424978 hasRelatedWork W2321742913 @default.
- W221424978 hasRelatedWork W2347138443 @default.
- W221424978 hasRelatedWork W2370244006 @default.
- W221424978 hasRelatedWork W3121946161 @default.
- W221424978 hasRelatedWork W3124701336 @default.
- W221424978 hasRelatedWork W3125326810 @default.
- W221424978 hasRelatedWork W3125868619 @default.
- W221424978 hasRelatedWork W3125994442 @default.
- W221424978 hasRelatedWork W3147611216 @default.
- W221424978 hasRelatedWork W631488525 @default.
- W221424978 hasRelatedWork W814563043 @default.
- W221424978 hasRelatedWork W969517969 @default.
- W221424978 isParatext "false" @default.
- W221424978 isRetracted "false" @default.
- W221424978 magId "221424978" @default.
- W221424978 workType "article" @default.