Transition Strategies and Nominal Anchors on the Road to Greater Exchange Rate Flexibility
Princeton Essays in International Finance, No. 213
Posted: 17 Sep 2009
This essay considers strategies that developing and emerging-market economies might use when seeking to exit from currency pegs. It also considers techniques for completing the move to greater flexibility, as well as the scope for adopting inflation targeting as a nominal anchor following an exit from a currency peg.
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