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http://hdl.handle.net/10419/19273
  

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dc.contributor.authorBusse, Matthiasen_US
dc.contributor.authorHefeker, Carstenen_US
dc.contributor.authorKoopmann, Georgen_US
dc.date.accessioned2009-01-28T15:56:57Z-
dc.date.available2009-01-28T15:56:57Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/19273-
dc.description.abstractThe paper reviews exchange rate options for Mercosur countries. We start from the observation that most of the countries in the region have a longstanding tendency to adopt fixed exchange rates, and ask how such a system could best be designed. The Argentine crisis has demonstrated that unilateral currency pegs imply the risk of serious misalignments with other trading partners and subsequent realignments. The standard basket peg is not a solution because of its limited transparency and credibility. We therefore discuss a proposal to create dual currency boards that could be a workable solution for the Mercosur countries.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesHWWA discussion paper 301en_US
dc.subject.jelF3en_US
dc.subject.jelF4en_US
dc.subject.ddc330en_US
dc.subject.keywordExchange Rate Regimeen_US
dc.subject.keywordCurrency Boarden_US
dc.subject.keywordLatin Americaen_US
dc.subject.keywordMercosuren_US
dc.subject.stwWechselkurssystemen_US
dc.subject.stwCurrency Boarden_US
dc.subject.stwInternationale Wirtschaftsbeziehungenen_US
dc.subject.stwMERCOSUR-Staatenen_US
dc.titleBetween Two Poles: Matching Trade and Exchange Rate Regimes in Mercosuren_US
dc.typeWorking Paperen_US
dc.identifier.ppn473116693en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:hwwadp:26327-
Appears in Collections:HWWA Discussion Paper, Hamburgisches Welt-Wirtschafts-Archiv

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