The Development of the Exchange Rate in Slovakia, Change in October 1998
Author: | Bc. Michal Lepej |
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Year: | 2003 - summer |
Leaders: | PhDr. Michal Hlaváček Ph.D. |
Consultants: | |
Work type: | Bachelors |
Language: | Slovak |
Pages: | 59 |
Awards and prizes: | |
Link: | |
Abstract: | This paper, according to its title, deals with the theory and practice of exchange rate regimes. After an excursion to the de iure regime classification by IMF and introduction to the relevant de facto actual regime functioning analyses and different states practices, reader may proceed to the hall of theoretical studies concerning this issue. In the second, reality-oriented, part author describes and explains the evolution of Slovak macroeconomic parameters and confirms it theoretically. Using the exchange rate behavior models and sample of the applied regimes he tries to prove some of the regimes partly disadvantageous. All this mainly feeling the background of the ongoing economic transformation of the Central Europe block. The last part is devoted to the Czech republic and its exchange rate practice throughout the last period of its short history. Pointed out are the differences in Czech and Slovak approach and the variations in the exchange rate regime reality caused by the evolution of the economies and their foreign connections. |