Transcription of CHOOSING AN OPTIMAL EXCHANGE RATE …
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CHOOSING AN OPTIMAL EXCHANGE RATE …
International Journal of Developing and Emerging Economics , No. 1, , December 2013 Published by European Centre for Research Training and Development UK ( ) 11 CHOOSING AN OPTIMAL EXCHANGE RATE REGIME: A CRITICAL LITERATURE REVIEW Mustapha ZIKY*1 Aleksander BERENTSEN** Mariam OUCHEN ** ABSTRACT : This paper critically reviews the theoretical and empirical literature on the choice of EXCHANGE rate much has been learned in each approach, this paper highlights the areas of research in which our understanding of EXCHANGE rate regime is still incomplete. Prominent issues include: (i) the discrepancy between declared and actual regime, and the different approaches of the EXCHANGE regime choice (ii) the critical review of the theoretical and empirical literature, (iii) the conclusion.
International Journal of Developing and Emerging Economics Vol.1, No. 1, pp.11-35, December 2013 Published by European Centre for Research Training and Development UK (www.ea-journals.org)
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