Series: IMF Working Papers
Author(s): Charalambos Tsangarides
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2010
Keywords: Global financial crisis, fixed exchange rate, growth, emerging market economies, exchange rate regime, exchange rate, current account balance, terms of trade
This paper examines the role of the exchange rate regime in explaining how emerging market economies fared in the recent global financial crisis, particularly in terms of output losses and growth resilience. After...