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Round Table on Exchange Rate Policy

Milton Friedman
- 01 Jan 1969 - 
- Vol. 59, Iss: 2, pp 364-366
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This article is published in The American Economic Review.The article was published on 1969-01-01 and is currently open access. It has received 8 citations till now. The article focuses on the topics: Exchange rate.

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An Optimum Currency Area Odyssey

TL;DR: The theory of optimum currency areas was conceived and developed in three highly influential papers, written by Mundell (1961), McKinnon (1963) and Kenen (1969), which identified characteristics that potential members of a monetary union should ideally possess in order to make it feasible to surrender a nationallytailored monetary policy and the adjustment of an exchange rate of a national currency as mentioned in this paper.
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An optimum-currency-area odyssey

TL;DR: The theory of optimum-currency-areas was conceived and developed in three highly influential papers, written by Mundell, 1961, McKinnon, 1963 and Kenen (1969) as mentioned in this paper, which identified characteristics that potential members of a monetary union should ideally possess in order to make it feasible to surrender a nationallytailored monetary policy and the adjustment of an exchange rate of a national currency.
Journal ArticleDOI

China’s exchange rate system reform: two potential mistakes and the recommended long-term system

TL;DR: Wang et al. as discussed by the authors pointed out that a long-term reform towards a floating exchange rate system with free capital mobility will cause huge damages to the Chinese economy, which will cause not only a substantial drag in China's export and GDP growth, but will also eventually make China's financial and economic system vulnerable to a highly disruptive correction in the renminbi exchange rate.
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Exchange rate systems and policies in Asia

TL;DR: In this paper, important lessons from some major exchange rate and monetary experiences in Asia (P S L Yip) have been learned from the International Monetary Fund and Exchange Rate Crisis Management (C-Y Lim).
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China's exchange rate system reform

TL;DR: In this article, the rationales behind the transitional exchange rate system reform adopted by China on 21 July 2005 are discussed, and the theory behind the medium and long-term exchange rate arrangements that could be adopted.