Exchange Rate Overvaluation And Trade Protection
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Exchange Rate Overvaluation and Trade Protection
Author | : Howard J. Shatz |
Publisher | : World Bank Publications |
Total Pages | : 36 |
Release | : 2000 |
Genre | : Black market in foreign exchange |
ISBN | : |
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"Lessons from world experience about the consequences of exchange rate overvaluation (the frequent cause of trade crises), the consequences of trying to defend an overvalued exchange rate, and the most appropriate policies for resolving an overvaluation"--Cover.
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The dollar rose by about 35 percent in real terms from 1995 through the end of 2001, supporting the booming US economy of the late 1990s but pushing the current