An examination of the economic justification for foreign exchange market intervention, the potential for such intervention to stabilize an economy and the distinction between sterilized and non-sterilized intervention.

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Authors and Affiliations

City University, London, UK

Keith Pilbeam

Bibliographic Information

Book Title: Exchange Rate Management: Theory and Evidence
Book Subtitle: The UK Experience
Authors: Keith Pilbeam
DOI: https://doi.org/10.1007/978-1-349-11744-4
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Softcover ISBN: 978-1-349-11746-8Published: 01 January 1991
eBook ISBN: 978-1-349-11744-4Published: 18 June 1991
Edition Number: 1
Number of Pages: XIV, 220
Topics: Macroeconomics/Monetary Economics//Financial Economics

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Table of contents (5 chapters)

Front Matter

The Case for Exchange Rate Management

Exchange Rate Management and Stabilisation Policy

Instruments of Exchange Rate Management

Exchange Rate Management by the United Kingdom 1973–89

Guidelines for Exchange Rate Policy

Back Matter

About this book