This book examines the options for adopting an appropriate model of the exchange rate determination and its associated regime suitable for developing countries. It shows that a credible exchange rate regime and policy may mitigate the flight to currency from broad money, and ensure stability and certainty for private sectors.
decision making Developing Countries economics modeling money Options stability time series time series analysis
Authors and affiliations
Sardar M. N. Islam
1.School of Accounting, Economics and FinanceDeakin UniversityAustralia
2.Decision Sciences and Modelling ProgramVictoria UniversityAustralia
Copyright InformationPalgrave Macmillan, a division of Macmillan Publishers Limited 2007