Talking to my phone: The Gulf States should peg their FX rates to oil prices
Oops I did it again – this time I talk to my phone about monetary policy in the Gulf States and my suggestion that these countries should peg their currencies to the oil price or a basket of the oil price and the US dollar. This is of course what I have suggested should be termed the Export Price Norm (EPN). Have a look here. See some of my older posts on EPN here: Oil-exporters need to rethink their monetary policy regimes The Colombian central bank should have a look at the Export Price Norm Ukraine should adopt an ‘Export Price Norm’ The RBA just reminded us about the “Export Price Norm” The “Export Price Norm” saved Australia from the Great Recession Should small open economies peg the currency to export prices? Angola should adopt an ‘Export-Price-Norm’ to escape the ‘China shock’ Commodity prices, currencies and monetary policy Malaysia should peg the renggit to the price of rubber and natural gas The Cedi Panic: When prayers don’t work you go for currency controls A modest proposal for post-Chavez monetary reform in Venezuela “The Bacon Standard” (the PIG PEG) would have saved Denmark from the Great Depression PEP, NGDPLT and (how to avoid) Russian monetary policy failure Turning the Russian petro-monetary transmission mechanism upside-down —– If you want to hear me speak about these topics or other related topics don’t hesitate to contact my speaker agency Specialist Speakers – e-mail: firstname.lastname@example.org or email@example.com.