The Crawling Band as an Exchange Rate Regime: Lessons from Chile, Colombia, and Israel
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This study examines in detail the experiences of three countries that have in recent years operated exchange rate systems of "crawling bands," similar in spirit to the target zones that the author has recommended in the past. Williamson compares the succcessful experiences of 3 countries that have operated crawling bands with 15 similar countries and concludes that the crawling band exchange-rate policy has been an important element in their success. The study includes a manual for managing crawling bands.
Format:Paperback
Language:English
ISBN:0881322318
ISBN13:9780881322316
Release Date:September 1996
Publisher:Peterson Institute for International Economic
Length:200 Pages
Weight:0.66 lbs.
Dimensions:0.4" x 6.2" x 9.2"
Grade Range:Postsecondary and higher
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