Monthly Archives: September 1989

From Run to Float: the Making Of the Rogernomics Exchange Rate Policy

Chapter 4 The Making of Rogernomics (AUP, 1989) pp.92-113.

Keywords: Macroeconomics & Money;

Beginning the run [1]

Whatever the political reasons for the calling of a snap election on Thursday 14 June 1984, there were many who thought that important factors were the state of the economy, the difficulty of locking up the Budget given the size of the deficit, the monetary stance, and the uncertainties of exchange rate policy.