Habib, Maurizio Michael - 2008
cornerstone of this framework is an external anchor through a more or less rigid peg to the US
dollar or, in a few cases, the euro … major currency areas indicate that the US dollar is
not necessarily the best anchor, but other candidates, such as the euro … or less rigid peg to the US dollar or, in a few cases, the euro or a basket
of currencies. According to the IMF classi …