Exchange-rate volatility is a problem for trade … especially when financial development is low

Jérôme Héricourt, Sandra Poncet, 19 January 2013



The increasing volatility of exchange rates after the fall of the Bretton Woods agreements has been a constant source of concern for both policymakers and academics.

Topics: Exchange rates, International trade
Tags: China, exchange-rate volatility, trade

Vox eBooks