Abstract
The collapse of the Louvre Accord in the wake of the October 1987 Stock Market crash was a setback for the cause of exchange rate target zones and international policy coordination. Advocates of these causes need to be able to argue that the failure of the Louvre design can be remedied in a future renewal and that the collapse itself has not irrevocably compromised the prospects for a successful renewed initiative.
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Artis, M.J. (1989). Exchange Rate Target Zones, the Louvre Accord and Policy Coordination. In: Fair, D.E., de Boissieu, C. (eds) The International Adjustment Process. Financial And Monetary Policy Studies, vol 17. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-0871-0_13
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DOI: https://doi.org/10.1007/978-94-009-0871-0_13
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