The Exchange Rate Environment

by Simon Brooks, Keith Cuthbertson, David G. Mayes

Originally published in 1986. This helpful text sets out what appears to make exchange rates change and shows how these various factors contribute to an explanation of the past. It considers the problems of providing satisfactory forecasts of the exchange rate while presenting the methods used, outlining their drawbacks and speculating on future ways forward. Laid out to move from empirical issues to theory and on to policy, this book is easily of use to those interested in macroeconomics, applied economics and international economics as well as economic history.

320 pages, Hardcover

First published December 1, 1986

About the author

Dr Simon Brooks (born 1971) is a Welsh academic and writer. He is a former editor of the Welsh language current affairs magazine Barn (1996 - 2007), as well as founding co-editor of the Welsh language cultural magazine Tu Chwith between 1993 and 1996. A collection of his journalism in Barn was published in 2009. He is also a founding member of the Welsh language pressure group Cymuned, for whom he was a prominent media spokesman between 2001 and 2004, and whose central office he ran. He was a lecturer at the School of Welsh, Cardiff University.

His book Pam na fu Cymru (2015) was shortlisted for Wales Book of the Year award in the non-fiction category. The English edition, Why Wales Never Was was published in 2017.