Table of Contents

Preface

A Comparative Analysis of Exchange Rate Fluctuations and Economic Activity: The Cases of Egypt and Turkey;pp. 1-24
(Magda Kandil, Nazire Nergiz Dincer, Western Hemisphere Department, International Monetary Fund, Washington, D.C., U.S.A., and others)

Exchange Rate Policy in Central and Eastern European Countries;pp. 25-46
(Michael Frömmel, Frederick Van Gysegem, Ghent University, Belgium)

Exchange Rate Fluctuations and Economic Activity: Competitiveness and Capacity Building in MENA Countries;pp. 47-73
(Magda Kandil, Ida Aghdas Mirzaie, International Monetary Fund, Washington D.C., and others)

Monetary Shocks and Exchange Rates in a Worldwide Economy Divided in North-South Areas: The Role of the Raw Materials Trade from the South to the North;pp. 75-97
(Juan Antonio Garcia-Cebro, Ramón Varela-Santamaria, University of A Coruña, Spain)

Foreign Exchange Rate Exposure of Chinese Firms in the New Exchange Rate Regime;pp. 99-113
(Aline Muller, Robin Luo, Alireza Tourani-Rad, HEC Management School, University of Liège, Belgium, and others)

Exchange-Rate Fluctuations and Monetary Policy Reaction: The Role of Asymmetric Information;pp. 115-129
(Marcelo Sanchez, European Central Bank, Frankfurt, Germany)

Nominal and Real Exchange Rate Fluctuations of Yen-Dollar Rates;pp. 131-145
(Shigeyuki Hamori, Faculty of Economics, Kobe University, Kobe, Japan)*

Exchange Rate Flexibility and Real Adjustments in Emerging Market Economies;pp. 147-166
(Jose Garcia Solanes, Universidad de Murcia, Departamento de Fundamentos del Analisis Economico, Spain)*

Index pp.167-175