Two Cheers for Rubin and Summers

Central Banking, Vol. X, No. 2, 1999/2000

2 Pages Posted: 21 Jan 2013

See all articles by Steve H. Hanke

Steve H. Hanke

Johns Hopkins University - Department of Economics

Date Written: 1999

Abstract

While the US Treasury has finally recognised the problem with pegged exchange rates, what they still fail to see, says Professor Steve Hanke, John Hopkins University, is that floating rates cannot be sustained in countries with weak central banks and bad monetary histories.

Keywords: Steve Hanke, Rubin Summers, US Treasury, pegged, exchange rate, floating, central banks, banking

Suggested Citation

Hanke, Steve H., Two Cheers for Rubin and Summers (1999). Central Banking, Vol. X, No. 2, 1999/2000. Available at SSRN: https://ssrn.com/abstract=2204632

Steve H. Hanke (Contact Author)

Johns Hopkins University - Department of Economics ( email )

3400 Charles Street
Baltimore, MD 21218-2685
United States
410-516-7183 (Phone)
410-516-8996 (Fax)

Register to save articles to
your library

Register

Paper statistics

Downloads
5
Abstract Views
115
PlumX Metrics