Thursday, October 28, 2010
[IWS] OECD: BRIEFING ON EXCHANGE RATE DEVELOPMENTS [27 October 2010]
IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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Organisation for Economic Co-operation and Development (OECD)
OECD Economics Department Briefing, October 2010.
Briefing on exchange rate developments [27 October 2010]
http://www.oecd.org/dataoecd/59/46/46212957.pdf
[full-text, 7 pages]
Foreign exchange intervention is not the most constructive instrument for managing the macro-economic impacts of currency volatility. A new briefing note from the OECD analyses recent swings in individual currencies, assesses the risks posed and makes the case for greater international co-operation.
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Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
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