Series: IMF Working Papers
Author(s): Dalia Hakura
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2005
Keywords: Learning to float, monetary and financial policy frameworks, exchange rate, exchange rate regimes, flexible exchange rate, flexible exchange rate regimes, financial liberalization, International Monetary Arrangements and Institutions,
The paper finds that exchange rate flexibility in emerging market countries has increased over the past decade. This "learning to float" appears to have involved a strengthening of monetary and financial policy fra...