TY  - JOUR
AU  - Edwards,Sebastian
TI  - The Great Exchange Rate Debate After Argentina
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 9257
PY  - 2002
Y2  - October 2002
UR  - http://www.nber.org/papers/w9257
L1  - http://www.nber.org/papers/w9257.pdf
N1  - Author contact info:
Sebastian Edwards
UCLA Anderson Graduate School of Business
110 Westwood Plaza, Suite C508
Box 951481
Los Angeles, CA 90095-1481
Tel: 310/206-6797
Fax: 310/206-5825
E-Mail: sebastian.edwards@anderson.ucla.edu
AB  - In this paper I discuss in what way, if any, the collapse of Argentina's experience with a currency board has affected the policy debate on the appropriate exchange rate regime in emerging and transition countries. More specifically, I deal with three issues: (1) I discuss some important aspects of the Argentine experience. (2) I provide a comparative evaluation of economic performance under strict dollarization. And (3), I analyze emerging countries' experiences with flexible exchange rates, including the issue of  fear of floating.'
ER  -