The Exchange Stabilization Fund (ESF) holds more than $40 billion that is at the disposal of the US secretary of the Treasury for use in foreign exchange intervention and international financial support operations. Its use in the Mexican rescue package of 1995 brought the ESF into the public spotlight for the first time in recent years, and it has been deployed in several Asian crisis countries as well. Its availability for such packages and its total control by the Treasury secretary have therefore become very ...
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The Exchange Stabilization Fund (ESF) holds more than $40 billion that is at the disposal of the US secretary of the Treasury for use in foreign exchange intervention and international financial support operations. Its use in the Mexican rescue package of 1995 brought the ESF into the public spotlight for the first time in recent years, and it has been deployed in several Asian crisis countries as well. Its availability for such packages and its total control by the Treasury secretary have therefore become very controversial. Randall Henning's study maintains that the Fund is an important element of US foreign policy and economic policy and that it should remain under the exclusive control of the Treasury, but that Congress should exercise effective steady oversight. Henning also covers the legislative history of the ESF and outlines the principles by which the Fund should be administered.
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Add this copy of The Exchange Stabilization Fund: Slush Money or War to cart. $20.36, new condition, Sold by GreatBookPrices rated 4.0 out of 5 stars, ships from Columbia, MD, UNITED STATES, published 1999 by Peterson Institute for International Economics.
Edition:
1999, Peterson Institute for International Economics
Publisher:
Peterson Institute for International Economics
Published:
1999
Language:
English
Alibris ID:
17901075447
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1999, Peterson Institute for International Economics
Add this copy of The Exchange Stabilization Fund: Slush Money Or War to cart. $31.68, new condition, Sold by Kennys.ie rated 5.0 out of 5 stars, ships from Galway, IRELAND, published 1999 by Peterson Institute for International Economics.
Edition:
1999, Peterson Institute for International Economics
Publisher:
Peterson Institute for International Economics
Published:
1999
Language:
English
Alibris ID:
17819549500
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New. This study argues that the Exchange Stabilization Fund is an important element of US foreign and economic policy and that it should remain controlled by the Treasury. Henning also covers the legislative history of the ESF and proposes principles by which the Fund should be administered. Series: Policy Analyses in International Economics. Num Pages: 140 pages, Illustrations. BIC Classification: 1KBB; JPQB; JPS; KCBM; KCL; KCP; KCZ. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 230 x 152 x 7. Weight in Grams: 181. 1999. Paperback.....We ship daily from our Bookshop.