The story
Coined by English economist John Williamson.
Etymology from Wiktionary, CC BY-SA 4.0.
crawling peg
Today it means: An exchange rate regime that allows depreciation or appreciation to happen gradually. Full definition →
Today it means: An exchange rate regime that allows depreciation or appreciation to happen gradually. Full definition →
Coined by English economist John Williamson.
Etymology from Wiktionary, CC BY-SA 4.0.