Appraise the merits and demerits of alternative exchange rate regimes?

评价的优点和缺陷替代汇率制度？

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There are two broad types of exchange rate regimes: the Fixed exchange rate regime and the Flexible (Floating) Exchanges rate regime.

汇率制度可以分为两种类型：固定汇率制度和浮动汇率制度。然而实际上存在着多种不同的中间状态的汇率制度。

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The findings show that under the perfect the capital mobility, the pegged exchange rate regimes are the sources of the currency crisis.

研究发现，在国际资本高度流动的情况下，这些国家实行的盯住汇率制度是导致货币危机的根源。

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Much talk will also focus on making the IMF a more effective overseer of exchange rate regimes.

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But governments have also learnt, in a second big change, that intermediate exchange-rate regimes do not work either.

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Less reassuring, however, their exchange-rate regimes leave little room for monetary tightening.

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