It takes the average reader 1 hour and 35 minutes to read Moving to Greater Exchange Rate Flexibility by Ms.Inci Ötker
Assuming a reading speed of 250 words per minute. Learn more
Many countries have moved towards more flexible exchange rate regimes over the last decade to take advantage of greater monetary policy autonomy and flexibility in responding to external shocks. Some reluctance to let go of pegged exchange rates persists, however, despite the benefits of flexibility. The institutional and operational requirements needed to support a floating exchange rate, as well as difficulties in assessing the right time and manner to exit, tend to be additional factors in this reluctance. This volume presents the concrete steps taken by a number of countries in transition to greater exchange rate flexibility and elaborates on the operational ingredients that proved helpful in promoting successful and durable transitions. It attempts to provide a better understanding (and hence a "road map") of how these various operational ingredients were established and coordinated, how their implementation interacted with macro and other conditions, and how they contributed to the smoothness of each transition.
Moving to Greater Exchange Rate Flexibility by Ms.Inci Ötker is 94 pages long, and a total of 23,876 words.
This makes it 32% the length of the average book. It also has 29% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 2 hours and 10 minutes to read Moving to Greater Exchange Rate Flexibility aloud.
Moving to Greater Exchange Rate Flexibility is suitable for students ages 10 and up.
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