The changing role of the exchange rate in a globalised economy

In sum, the results suggest that the impact of the globalisation process on the effect of exchange rate movements on major economic aggregates in the euro area ...

Rüffer, Rasmus & di Mauro, Filippo & Bunda, Irina, 2008. "The changing role of the exchange rate in a globalised economy," Occasional Paper Series 94, European ...

The Changing Role of the Exchange Rate in a Globalised Economy

This paper presents evidence regarding possible changes in the role of exchange rates in a more globalised economy. First, it analyses the link ...

The changing role of the US dollar - Brookings Institution

For consumers, a dominant dollar, working through the exchange rate, reduces the cost of imports, making it easier to purchase cheap goods from ...

The Changing Role of the Exchange Rate for Macroeconomic ...

However, sizable increases in foreign currency borrowing for a number of emerging market economies in the wake of the global crisis of 2008-09, ...

Exchange Rates: What They Are, How They Work, and Why They ...

Significant changes in a currency rate can encourage or discourage foreign tourism and investment in a country. What Is the Forex? The forex market, also known ...

"The International Role of the U.S. Dollar" Post-COVID Edition

We find that the dollar remains the dominant currency and plays an outsized international role as measured by usage in international reserves and other ...

The changing role of the exchange rate in a globalised economy

The changing role of the exchange rate in a globalised economy ... This item may be available elsewhere in EconPapers: Search for items with the ...

The Impact of Exchange Rates on a Country's Economy - LinkedIn

Exchange rates also influence inflation within a country. Changes in the value of a currency can affect the prices of imported goods and ...

Exchange Rate Regimes in an Increasingly Integrated World Economy

The advantages of such a system include the credibility of the economic policy regime. Such credibility results from the high political cost of altering the ...

Debates over Exchange Rates: Overview and Issues for Congress

The Importance of Exchange Rates in the Global Economy ... As a result, changes in the exchange rate can impact trade flows. When the value of a country's ...

The Changing Role of the Exchange Rate in a Globalised Economy

In addition to its direct effects on the global trading and production structure, the ongoing process of globalisation may have important ...

The International Role of the U.S. Dollar - Federal Reserve Board

As shown in Figure 6, about 60 percent of international and foreign currency liabilities (primarily deposits) and claims (primarily loans) are ...

Does the Exchange Rate Regime Matter for Inflation and Growth?

Adopting a pegged exchange rate can lead to lower inflation, but also to slower productivity growth. Few questions in international economics have aroused more ...

What is the role of exchange rates? - European Central Bank

Exchange rates do have implications for price stability and growth. For example, exchange rates affect prices in international trade. When more ...

Exchange Rates and Currency Manipulation - CRS Reports

Exchange rates are among the most important prices in the global economy: they affect international trade and financial flows and the value of.

The Changing Role of the Exchange Rate for Macroeconomic ...

This paper presents empirical evidence that for a number of OECD countries firms' increasing participation in global value chains may have contributed to ...

18 Globalization and exchange rate policy

(1994), “The Political Economy of Inflation and Stabilization in Develop- ing Countries,” Journal of Economic Development and Cultural Change, 42 (2):. 235–266.

Exchange Rates on International Trade | Impacts & Examples - Lesson

Changes in currency exchange rates affect international trade by increasing or decreasing exports and imports. A strong domestic currency will cause exports ...

Exchange Rates, Trade Balances and International Financial Markets

A key factor in international finance is the concept of the currency exchange rate. Exchange rates, or the cost of one currency unit compared to ...