Exchange Rate Arrangements and Currency Convertibility PDF Download

Author: Mr.R. B. Johnston
Publisher: International Monetary Fund
ISBN: 9781557757951
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
This study reviews the developments and issues in the exchange arrangements and currency convertibility of IMF members. The principal information source for this report is the Annual Report on Exchange Arrangements and Exchange Restrictions prepared in consultation with national authorities.

Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1498333133
Category : Business & Economics
Languages : en
Pages : 39

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Book Description
This review reports on trends, developments, and issues in exchange rate arrangements and currency convertibility. This section presents a summary of the overall findings. Section II provides an overview of key trends and developments in exchange rate arrangements. Section III outlines key trends and developments in current and capital account restrictions. The present paper uses the existing methodology for the classification of exchange rate arrangements.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1589061772
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
This paper reviews developments and issues in the exchange arrangements and currency convertibility of IMF members. Against the backdrop of continuing financial globalization and a series of emerging market crises since 1997, there have been important changes in the evolution of exchange rate regimes and the pace of liberalization of current and capital transactions among IMF member countries. There has been a shift away from intermediate regimes according to the IMF's official exchange rate regime classification system based on de facto exchange rate policies. The de facto exchange rate classification system has helped to clarify the nature and role of members' exchange rate regimes. It has facilitated discussions with country authorities about the implementation of exchange rate regimes and hence has contributed to more effective surveillance of the international monetary system. The use of exchange controls appears to have been little influenced by the degree of flexibility of exchange rate regimes or the occurrences of currency crises.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1455254657
Category : Business & Economics
Languages : en
Pages : 92

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Book Description
This paper reviews developments and issues in the exchange arrangements and currency convertibility of IMF members. Against the backdrop of continuing financial globalization and a series of emerging market crises since 1997, there have been important changes in the evolution of exchange rate regimes and the pace of liberalization of current and capital transactions among IMF member countries. There has been a shift away from intermediate regimes according to the IMF's official exchange rate regime classification system based on de facto exchange rate policies. The de facto exchange rate classification system has helped to clarify the nature and role of members' exchange rate regimes. It has facilitated discussions with country authorities about the implementation of exchange rate regimes and hence has contributed to more effective surveillance of the international monetary system. The use of exchange controls appears to have been little influenced by the degree of flexibility of exchange rate regimes or the occurrences of currency crises.

Author: Mr.Joshua E. Greene
Publisher: International Monetary Fund
ISBN: 9781557752147
Category : Business & Economics
Languages : en
Pages : 40

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Book Description
This paper examines the problems in establishing currency convertibility- and the optimal timing- in formerly planned economies making the transition to market-oriented systems.

Author: Mr.Saleh M. Nsouli
Publisher: International Monetary Fund
ISBN: 9781557750594
Category : Business & Economics
Languages : en
Pages : 56

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Book Description
One of the principal aims of the effort to integrate the economies of the 16 member countries of the Economic Community of West African States (ECOWAS) is to expand intra-Community trade. This objective is to be achieved partly through the elimination of quantitive and other restrictions on trade.

Author: Mr.Harald Anderson
Publisher: International Monetary Fund
ISBN: 1451873581
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
Since 1998, the staff of the International Monetary Fund has published a classification of countries' de facto exchange rate arrangements. Experience in operating this classification system has highlighted a need for changes. The present paper provides information on revisions to the system in early 2009. The changes are expected to allow for greater consistency and objectivity of classifications across countries, expedite the classification process, conserve resources, and improve transparency.

Author: Peter J. Quirk
Publisher: International Monetary Fund
ISBN: 1451950055
Category : Business & Economics
Languages : en
Pages : 28

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Book Description
This paper analyses issues for developing countries with structurally sound balance of payments that are considering a move to full currency convertibility. The main experiences of industrial countries in their decontrol of international capital transactions are reviewed, with an emphasis on the implications for monetary policy. The paper deals both with stabilization, and the prudential issues, which are especially important in view of the potential for speculative bubbles. Respective roles of the international organizations, IMF, OECD, and the GATT, in assisting the capital liberalization process are discussed.

Author: Mr.Richard C. Bart
Publisher: International Monetary Fund
ISBN: 9781557753649
Category : Business & Economics
Languages : en
Pages : 316

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Book Description
External sector policies and exchange rate policy are central to a country's economic performance and to the IMF's surveillance functions. The papers in this book, edited by Richard Barth and Chorng-Huey Wong, were presented at a seminar on Exchange Rate Policy in Developing and Transition Economies held by the IMF Institute. They analyze choices of exchange rate regimes, issues affecting management of exchange regimes, and specific types of regimes, including case studies from the former Soviet Union, Africa, Asia, and Latin America.

Author: Sumati Varma
Publisher:
ISBN:
Category : Currency convertibility
Languages : en
Pages : 284

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Book Description
This book explains and examines various aspects of currency convertibility risks and their management. With focus on India, it discusses convertibility experiences of a number of Latin American countries (Argentina, Brazil, Mexico, Chile, Colombia, Peru, Paraguay, Venezuela, Bolivia and Ecuador) amd selected countries of East and South-East Asia (Thailand, help to understand the requisites of a regime of sustainable convertibility.)