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  • Failure of an exchange-rate-based stabilization plan in Turkey 

    Gökkent, Giyas; Moslares, Carlos; Amiel-Saenz, Rafael (M E Sharpe, 2003-02)
    The Turkish exchange-rate-based stabilization plan adopted in 2000 has been a spectacular failure, lasting a mere fourteen months despite a relatively flexible peg regime and preannounced exit strategy. The final three ...