CHANGES IN EXCHANGE RATE REGIMES
The experience of recentyears showsthat it hasa fundamentalroleformation mechanismof the exchange rateinmacroeconomic stabilization. Global economiccrises, oil shockshave shownthe difficultyoffloatingsustainabilitybyparticipants in the system. EuropeanMonetary System, focused onconcertedfloatingcurr...
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| Format: | Article |
| Language: | English |
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Romanian Foundation for Business Intelligence
2014-06-01
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| Series: | SEA: Practical Application of Science |
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| Online Access: |
http://seaopenresearch.eu/Journals/articles/SPAS_4_39.pdf
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| _version_ | 1818195065936281600 |
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| author | Carmen SANDU (TODERASCU) |
| author_facet | Carmen SANDU (TODERASCU) |
| author_sort | Carmen SANDU (TODERASCU) |
| collection | DOAJ |
| description | The experience of recentyears showsthat it hasa fundamentalroleformation mechanismof the exchange rateinmacroeconomic stabilization. Global economiccrises, oil shockshave shownthe difficultyoffloatingsustainabilitybyparticipants in the system. EuropeanMonetary System, focused onconcertedfloatingcurrenciestoECU, was formedunder the conditionsin which somecountries have adoptedregional monetaryarrangements(EU countries), with suchbasescurrencyregimeshybridthat combinesspecific mechanismsto those offixedratefree floating. This paperaims to demonstratethe important role thatithasthe choice ofexchange rateregimeas abasic elementin thefoundationofmacroeconomic stabilizationinstruments. Consideredan expression of thestateof the domestic economyandinternationalcompetitiveness, the exchange rate is determined bya complex set ofexternal factorsorinternalstabilityisa prerequisite forthe crisis. |
| first_indexed | 2024-12-12T01:12:16Z |
| format | Article |
| id | doaj.art-24013581026d405ca284ac2c8de52ee3 |
| institution | Directory Open Access Journal |
| issn | 2360-2554 |
| language | English |
| last_indexed | 2024-12-12T01:12:16Z |
| publishDate | 2014-06-01 |
| publisher | Romanian Foundation for Business Intelligence |
| record_format | Article |
| series | SEA: Practical Application of Science |
| spelling | doaj.art-24013581026d405ca284ac2c8de52ee32022-12-22T00:43:26ZengRomanian Foundation for Business IntelligenceSEA: Practical Application of Science2360-25542014-06-01II4 (2/2014)349354seapas:y:2014:i:4:p:349-354CHANGES IN EXCHANGE RATE REGIMESCarmen SANDU (TODERASCU)0 Faculty of Economics and Business Administration, Al. I. Cuza University Iasi The experience of recentyears showsthat it hasa fundamentalroleformation mechanismof the exchange rateinmacroeconomic stabilization. Global economiccrises, oil shockshave shownthe difficultyoffloatingsustainabilitybyparticipants in the system. EuropeanMonetary System, focused onconcertedfloatingcurrenciestoECU, was formedunder the conditionsin which somecountries have adoptedregional monetaryarrangements(EU countries), with suchbasescurrencyregimeshybridthat combinesspecific mechanismsto those offixedratefree floating. This paperaims to demonstratethe important role thatithasthe choice ofexchange rateregimeas abasic elementin thefoundationofmacroeconomic stabilizationinstruments. Consideredan expression of thestateof the domestic economyandinternationalcompetitiveness, the exchange rate is determined bya complex set ofexternal factorsorinternalstabilityisa prerequisite forthe crisis. http://seaopenresearch.eu/Journals/articles/SPAS_4_39.pdf Exchange rateCentral bankInternational monetary fundForeign exchange marketEuropean monetary system |
| spellingShingle | Carmen SANDU (TODERASCU) CHANGES IN EXCHANGE RATE REGIMES SEA: Practical Application of Science Exchange rate Central bank International monetary fund Foreign exchange market European monetary system |
| title | CHANGES IN EXCHANGE RATE REGIMES |
| title_full | CHANGES IN EXCHANGE RATE REGIMES |
| title_fullStr | CHANGES IN EXCHANGE RATE REGIMES |
| title_full_unstemmed | CHANGES IN EXCHANGE RATE REGIMES |
| title_short | CHANGES IN EXCHANGE RATE REGIMES |
| title_sort | changes in exchange rate regimes |
| topic | Exchange rate Central bank International monetary fund Foreign exchange market European monetary system |
| url |
http://seaopenresearch.eu/Journals/articles/SPAS_4_39.pdf
|
| work_keys_str_mv | AT carmensandutoderascu changesinexchangerateregimes |