Jumat, 28 Oktober 2011

The Currency Game: Exchange Rate Politics in Latin America (Inter-American Development Bank) Reviews

The Currency Game: Exchange Rate Politics in Latin America (Inter-American Development Bank)


Exchange rates have been central to the course of economic development in Latin America from the heyday of import substitution to the rapid expansion of foreign debt in the 1970s, and from the debt crisis and its troubled aftermath to renewed growth and borrowing in the 1990s. Why do governments choose the currency policies they do, and how do economic and political factors affect these policies?

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