MMP Blog #26: Sovereign Currency and Government Policy in the Open Economy

A country that floats its exchange rate can enjoy domestic policy independence and free capital flows. A country that pegs its exchange rate must choose to regulate capital flows or must abandon domestic policy independence.

A country that floats its exchange rate can enjoy domestic policy independence and free capital flows. A country that pegs its exchange rate must choose to regulate capital flows or must abandon domestic policy independence.

This post was originally published on Real Progressives.


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APA
L. Randall Wray | radiofree.asia (2024-05-15T02:47:56+00:00) » MMP Blog #26: Sovereign Currency and Government Policy in the Open Economy. Retrieved from https://radiofree.asia/2023/12/22/mmp-blog-26-sovereign-currency-and-government-policy-in-the-open-economy/.
MLA
" » MMP Blog #26: Sovereign Currency and Government Policy in the Open Economy." L. Randall Wray | radiofree.asia - Friday December 22, 2023, https://radiofree.asia/2023/12/22/mmp-blog-26-sovereign-currency-and-government-policy-in-the-open-economy/
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L. Randall Wray | radiofree.asia Friday December 22, 2023 » MMP Blog #26: Sovereign Currency and Government Policy in the Open Economy., viewed 2024-05-15T02:47:56+00:00,<https://radiofree.asia/2023/12/22/mmp-blog-26-sovereign-currency-and-government-policy-in-the-open-economy/>
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L. Randall Wray | radiofree.asia - » MMP Blog #26: Sovereign Currency and Government Policy in the Open Economy. [Internet]. [Accessed 2024-05-15T02:47:56+00:00]. Available from: https://radiofree.asia/2023/12/22/mmp-blog-26-sovereign-currency-and-government-policy-in-the-open-economy/
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" » MMP Blog #26: Sovereign Currency and Government Policy in the Open Economy." L. Randall Wray | radiofree.asia - Accessed 2024-05-15T02:47:56+00:00. https://radiofree.asia/2023/12/22/mmp-blog-26-sovereign-currency-and-government-policy-in-the-open-economy/
IEEE
" » MMP Blog #26: Sovereign Currency and Government Policy in the Open Economy." L. Randall Wray | radiofree.asia [Online]. Available: https://radiofree.asia/2023/12/22/mmp-blog-26-sovereign-currency-and-government-policy-in-the-open-economy/. [Accessed: 2024-05-15T02:47:56+00:00]
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» MMP Blog #26: Sovereign Currency and Government Policy in the Open Economy | L. Randall Wray | radiofree.asia | https://radiofree.asia/2023/12/22/mmp-blog-26-sovereign-currency-and-government-policy-in-the-open-economy/ | 2024-05-15T02:47:56+00:00
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