Exchange Rate Regimes: Some Lessons from Postwar Europe
by: Charles Wyplosz
2000, 49 pages
Type: Occasional Paper [63]
ISBN: 1-56708-117-7
Price: $10.00
Keywords: Exchange Rate
Revisits Europe's postwar experience with exchange rate regimes and commitment to coordination and eventually union. It argues that behind Europe's condition for exchange rate stability lies a widely shared belief that it is a precondition for trade integration and the only way to establish a level playing field for international competition.
