Bank of Canada Review Autumn 2001

RESEARCH - Conference Summary: Revisiting the Case for Flexible Exchange Rates

by Larry Schembri. Short summary.

This article summarizes the proceedings of an international research conference hosted by the Bank of Canada in November 2000. The conference marked the fiftieth anniversary of Canada's adoption of a flexible exchange rate, and its title recognizes the seminal contribution of Professor Milton Friedman's article "The Case for Flexible Exchange Rates." His keynote address to the

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