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Capital Flows and Exchange Rates

By Stephen Grenville and David Gruen

Abstract

In summarising the state of play on the ‘New International Financial Architecture’, The Economist1 has noted that ‘the official architects are strangely silent about another crucial aspect of global financial reform: exchange rates’. In part, this is because something quite abnormal happened with exchange rates (perhaps before

Year: 2011
OAI identifier: oai:CiteSeerX.psu:10.1.1.197.7604
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