Exchange Rates and Interest Groups in Peru, 1950-1996
34 Pages Posted: 19 Apr 2011
Date Written: October 2000
The review of Peruvian exchange rate policies during the last fifty years prompts several questions. First, why did the government choose some exchange rate regimes over others? Second, why did governments target certain exchange rate levels? Third, why, in certain episodes, did governments refuse to abandon an exchange rate peg?
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