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Realigning Interests
By:M. Chang
Published on 2004-07-06 by Palgrave Macmillan

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.

This Book was ranked at 32 by Google Books for keyword Currency crisis.

Book ID of Realigning Interests's Books is PDLajwEACAAJ, Book which was written byM. Changhave ETAG "FoZftlnAv58"

Book which was published by Palgrave Macmillan since 2004-07-06 have ISBNs, ISBN 13 Code is 9781349528028 and ISBN 10 Code is 1349528021

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Book which have "200 Pages" is Printed at BOOK under CategoryPolitical Science

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