Volatile exchange rates and how to manage them are a contentious topic whenever economic policymakers gather in international meetings. This book examines the b

The previous editions of this work were praised as lucid and insightful introductions to a complicated subject. This third edition incorporates major additions

Helmut Schneider 1. The Formulation of the Research Programme 1. In the late sixties the acceleration of US inflation revived the discussion of the fifties abou