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  • The art of gracefully exiting a peg 

    Asici, Ahmet; Wyplosz, Charles (Economic & Social Studies, Dublin, 2003)
    The wave of liberalisation of capital movements, which swept Europe in the 1980s and the emerging market countries in the 1990s, has given rise to the two-corner strategy. This strategy, expounded e.g. by Eichengreen (1994) ...