A new look at an old question: Should countries fix, float, or choose something in between? A PERENNIAL question in international economics—whether in academia or in policy circles—concerns the ...
The Economic Issues series was inaugurated in September 1996. Its aim is to make some of the economic research being produced in the International Monetary Fund on topical issues accessible to a broad ...
The Jamaica Agreement abolished gold as a reserve asset and formalised the floating exchange rate system that survives to this day. Countries around the world have since chosen their own method of ...
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