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Crisis management in exchange rate policy

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  • Monetary Policy
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Intereconomics

Abstract

The behaviour of the dollar exchange rate last year and the concerted action by central banks in the autumn of 1985 have given renewed Impetus to the demand for internationally co-ordinated exchange rate management. How should such attempts at co-operation in the economic and monetary fields be viewed?

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References

  1. A. Lamfalussy: Rules versus Discretion: An Essay on Monetary Policy in an Inflationary Environment, BIS Economic Papers, No. 3, Bank for International Settlements, Basle 1981.

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  3. C. Köhler: Die neue Geldpolitik, in: Zeitschrift für das gesamte Kreditwesen, Vol. 38, No. 23, 1985, p. 1066.

  4. H. Schmidt: Die Weltwirtschaft ist unser Schicksal. Was jetzt not tut, ist amerikanische Führung, in: Die Zeit, No. 9 of 25th February 1983, p. 25.

  5. C. Köhler, op. cit., Die neue Geldpolitik, in: Zeitschrift für das gesamte Kreditwesen, Vol. 38, No. 23, 1985, p. 1066.

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Starbatty, J. Crisis management in exchange rate policy. Intereconomics 21, 111–116 (1986). https://doi.org/10.1007/BF02925280

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  • DOI: https://doi.org/10.1007/BF02925280

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