Exchange rate regime: Perspectives of transformation

Author:

Nesterov I.1,Sutyrin S.1

Affiliation:

1. St. Petersburg State University

Abstract

The article deals with the issues of international monetary system reforming. The paper regards an adoption of a new exchange rate system as the key element of the reforming process. This adoption requires not only economic backgrounds but also political will in the countries involved.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference33 articles.

1. Bank of Russia (2015). CPI dynamics: Analysis and comments. Iss. 12 (December). (In Russian).

2. Bank of Russia (2016). Talking trends. Department of Analysis and Forecasting Bulletin, No. 6, May. (In Russian).

3. Manevitch V. (2017). Long-term macroeconomic processes and conditions for economic growth in Russia. Voprosy Ekonomiki, No. 1, pp. 40—63. (In Russian).

4. Soros G. (1999). The crisis of global capitalism: Open society endangered. Moscow: INFRA-M. (In Russian).

5. Bubula A., Ötker-Robe I. (2002). The evolution of exchange rate regimes since 1990: Evidence from de facto policies. IMF Working Paper, No. WP/02/155.

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