Research Catalog

Parallel exchange rates in developing countries

Title
Parallel exchange rates in developing countries / edited by Miguel A. Kiguel, J. Saul Lizondo, and Stephen A. O'Connell.
Publication
New York : St. Martin's Press, 1997.

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TextRequest in advance HG3881 .P2924 1997Off-site

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Additional Authors
  • Kiguel, Miguel Alberto, 1954-
  • Lizondo, José Saúl.
  • O'Connell, Stephen A.
Description
xiii, 399 pages : illustrations; 23 cm
Summary
  • This book examines extensive empirical evidence on the macroeconomic implications of parallel exchange rates in developing countries. Eight case-studies from Africa, Latin America, and Turkey provide detailed evidence on the emergence of parallel exchange rates, their impact on macroeconomic performance, and the criteria for successful exchange-rate unification. A chapter on European dual exchange rates summarizes the contrasting experience of industrial countries.
  • An overview chapter lays out the analytical framework, assesses the evidence, and draws policy conclusions.
Subjects
Bibliography (note)
  • Includes bibliographical references and indexes.
Contents
  • Overview / Miguel A. Kiguel, J. Saul Lizondo and Stephen A. O'Connell -- 1. Parallel Exchange Rates in Developing Countries: Lessons from Eight Case Studies / Nita Ghei, Miguel A. Kiguel and Stephen A. O'Connell -- 2. Parallel Markets and the Effectiveness of Exchange Controls in Argentina: 1981-9 / Steven B. Kamin -- 3. Dual Exchange Rates: the Mexican Experience, 1982-7 / Graciela L. Kaminsky -- 4. Adoption, Management, and Abandonment of Multiple Exchange Rate Regimes with Import Control: the Case of Venezuela / Ricardo Hausmann -- 5. Macroeconomic Aspects of Multiple Exchange Rate Regimes: the Case of Ghana / Yaw Ansu -- 6. The Parallel Market Premium for Foreign Exchange and Macroeconomic Policy in Sudan / Ibrahim A. Elbadawi -- 7. Exchange Controls and the Parallel Premium in Tanzania, 1967-90 / Daniel Kaufmann and Stephen A. O'Connell --
  • 8. The Parallel Market Premium and Exchange Rate Unification: a Macroeconomic Analysis for Zambia / Janine Aron and Ibrahim A. Elbadawi -- 9. Black Market Exchange Rates in Turkey / Sule Ozler -- 10. European Dual Exchange Rates / Nancy P. Marion.
ISBN
  • 0333642945 (cloth)
  • 0312165587 (cloth)
LCCN
96034337
OCLC
  • 35262306
  • ocm35262306
Owning Institutions
Columbia University Libraries