Proceedings of the Second Monetary Conference of the Freie Universitt̃ Berlin and the Landeszentralbank Berlin, held May 10-12, 1990 in Berlin.

Proceedings of the Second Monetary Conference of the Freie Universitt̃ Berlin and the Landeszentralbank Berlin, held May 10-12, 1990 in Berlin.

List of tables -- List of figures -- Preface -- Acknowledgments -- Pt. 1. Introduction: 1. Exchange rate policies in developing and post-socialist countries: an overview / Emil-Maria Claassen -- 2. Stabilization policies in developing and socialist countries / Robert A. Mundell -- Pt. 2. Socialist countries: 3. Stabilizing the ruble: the problem of internal currency convertibility / Ronald I. McKinnon -- 4. Stabilization policies in Poland: a progress report / Roman Frydman, Stanislaw Wellisz, and Grzegorz W. Kolodko -- 5. Gradual or radical transformation? the case of the German Monetary Union / Emil-Maria Claassen -- 6. The eastern bloc: legal reforms before monetary and macroeconomic policies / Reuven Brenner -- 7. Intraregional convertibility in Eastern Europe: is it still and issue? / Marie Lavigne -- Pt. 3. Developing countries: 8. Exchange rate policies in developing countries / Bijan B. Aghevli and Peter J. Montiel -- 9. Capital and current account liberalization and real exchange rates in developing countries / Sebastian Edwards -- 10. Growth collapses, real exchange rate misalignments, and exchange rate policy in developing countries / Deepak Lal -- 11. Exchange rate policy in countries with hyperinflation: the case of Argentina / Roque B. Fernández -- 12. Unification of official and black market exchange rates in Sub-Saharan Africa / Brian Pinto -- 13. Exchange rate policies for the East Asian newly industrialized countries / Yung Chul Park and Won-Am Park -- Pt. 4. Conclusion: 14. Advice on the choice of an exchange rate policy / John Williamson -- References -- About the contributors -- Conference participants -- Index.