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Compare the effects of monetary and fiscal policies (i.e. strengthened or weakened) to maintain internal balance(s) of an open economy under fixed and floating exchange

  1. Compare the effects of monetary and fiscal policies (i.e. strengthened or weakened) to maintain internal balance(s) of an open economy under fixed and floating exchange rate regimes.
  2. Please discuss Chinas Evolving Exchange Rate Regime with the relevant timeline and key recommendations supported by the IMF. Refer to the IMF working paper #19/50.
  3. Compare and contrast currency crises models, please refer to Glick and Hutchinson (2011).

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