The politics of exchange rates in developing countries political cycles and domestic institutions /

"This book considers the issue of exchange rate policy-making from a political economy perspective. It illustrates both theoretically and empirically how domestic political and institutional incentives shape exchange rate policies in developing countries."--Jacket.

Main Author: Setzer, Ralph.
Other Authors: SpringerLink (Online service)
Format: eBook
Language: English
Published: Heidelberg : Physica-Verlag, ©2006.
Heidelberg : [2006]
Physical Description: 1 online resource (xii, 258 pages) : illustrations.
Series: Contributions to economics.
Subjects:
Table of Contents:
  • General introduction
  • The normative and the positive view on exchange rate policy
  • Fear of floating and fear of pegging: How important is politics?- Political uncertainty and speculative attacks
  • Developing a theory of currency peg duration
  • The determinants of fixed exchange rate regime duration: A survival analysis
  • Political cycles and the real exchange rate
  • Conclusion and discussion.