Publication
2007
This paper discusses and challenges commonly held views in macroeconomics. It examines the sustainability of available exchange rate regimes and the inflation targeting framework, and studies their mutual compatibility in small economies with emerging markets. The authors elaborate on the benefits of flexible intermediate regimes. The paper also takes issue with the view that inflation targeting in emerging economies must go hand-in-hand with fully flexible exchange rate regimes.
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English (PDF, 18 pages, 276 KB) |
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Author | Marko Malovic |
Series | LSE Global Governance Discussion Papers |
Issue | 42 |
Publisher | LSE Global Governance |
Copyright | © 2007 Centre for the Study of Global Governance (CsGG), London, UK |