The Changing Role of the Exchange Rate for Macroeconomic Adjustment
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Recent episodes of large exchange rate movements, such as for Japan or the United Kingdom, have typically not been associated with large changes in trade balances and despite the polarisation of international investment positions large currency fluctuations during the global crisis of 2008-09 did not cause significant financial dislocations. This...
