Based on international experiences in de-dollarization in Cambodia, economists have been carefully managed market based approach, and encouraged by a continued stable macroeconomic condition is essential for Cambodia's de-dollarization. ... Not only these effects, but the emergence of dollarization in the economy also exists in implantations both microeconomic, and macroeconomic in the world economy. ...

• Word Count: 3668
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate

Real exchange rate measurements and determinants Real exchange rate is regarded as an important economic issue, which interacts with the economy growth of a country. It relates to the nominal exchange rate and relative price both in home country and foreign country (Ellis, 2002). It is worthwhile t...

• Word Count: 2178
• Approx Pages: 9
• Grade Level: Undergraduate

While advocates of Keynesian economics will argue that private sector decisions sometimes lead to inefficient macroeconomic outcomes, monetary policy actions by a central bank and fiscal policy actions by the government are needed to stabilize output over the business cycle. ...

• Word Count: 663
• Approx Pages: 3
• Grade Level: Undergraduate

Australia, a developed economy compared to the developing to economy of Pakistan, faced a lesser inflation rate and other macroeconomic difficulties, whereas Pakistan had to keep higher interest rates to cope up with the higher inflation rate and other deficits. ...

• Word Count: 2454
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School

Content 1. Introduction 2. The mechanism of the Linked Exchange Rate System 3. Pros 4. Cons 5. Alternatives 6. Conclusion 7. Reference Introduction The linked exchange rate regime was originated for a one-time need to contain the sharp depreciation of HK$ on 17 Octob...

• Word Count: 1827
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

For sure the most concerned and agitated about it is the Federal Reserve System and "Broadly, the Federal Reserve's response has followed two tracks: efforts to support market liquidity and functioning and the pursuit of our macroeconomic objectives through monetary policy " (Krugman P. (2007)). ...

• Word Count: 1664
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

After time and a lot of political economy arguments, a lot of economic experts agreed that a fixed or pre determined nominal exchange provided an effective device for guiding a disinflation program, and for maintaining macroeconomic stability. ...

• Word Count: 2133
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Over the last decade 34 industrial and developing countries central banks have been released from the clutches as puppets from the government and have been given (or increased) independence. As apposed to only three such changes during the 1980s (Maxfield 1997). The degree of independence is the topic of this assignment, which is should a central bank be allowed to have both political and economic power or just economic power? Full independence means that a central bank has both economic (instrument) and political (goal) power. For example the Bundesbank in Germany has full independence. ...

• Word Count: 4086
• Approx Pages: 16
• Grade Level: Undergraduate