The Politics of Exchange Rates in Developing Countries: Political Cycles and Domestic Institutions
Ralph Setzer - The Politics of Exchange Rates in Developing Countries: Political Cycles and Domestic Institutions
Published: 2006-05-24 | ISBN: 3790817155 | PDF | 258 pages | 14 MB
This book considers the issue of exchange rate policymaking from a political economy perspective. It illustrates both theoretically and empirically how domestic political and institutional incentives shape exchange rate policies in developing countries. Empirical analysis is based on a panel survey of 47 countries and thereby provides insights on how political and institutional conditions typically affect exchange rate policy.