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About this book
Why do currency crises happen? What conditions set the stage for such a crisis? How severe will it be? When will it happen? This book answers these questions, illustrating the points by examining the exchange rate realignments of the European Monetary System. It also shows how balancing the tension between domestic and international politics plays a vital part in a government's willingness to uphold its exchange rate commitments. Michele Chang pays particular attention to the role of domestic elections, since these may prevent governments from credibly committing to a fixed exchange rate and from responding quickly and coherently to market instability, thus encouraging speculation.
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Yes, you can access Realigning Interests by M. Chang in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & Macroeconomics. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover
- Realigning Interests Crisis and Credibility in European Monetary Integration
- Contents
- List of Tables
- List of Figures
- Abbreviations
- Acknowledgments
- Chapter 1 Introduction
- Chapter 2 Rules and Norms of European Monetary Cooperation
- Chapter 3 Political Economy of Currency Crises and Devaluation
- Chapter 4 France, 1981–1986
- Chapter 5 France, 1988–1995
- Chapter 6 Italy: Domestic versus International Origins of Currency Crises
- Chapter 7 Ireland
- Chapter 8 Conclusion
- Notes
- Sources
- Index