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date: 03 April 2020

Abstract and Keywords

This article discusses the political economy of exchange rates, the latter being prominent features of economic life. The article begins by separating the analysis of the international monetary system from the analysis of the policy choices of national governments. This separation allows us to simplify issues in each area and eventually present them in generic political economy terms. The article also discusses how these issues are to be analyzed jointly and across the domains.

Keywords: political economy, exchange rates, economic life, analysis, international monetary system, policy choices, international political economy, domestic political economy

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