Adopting Currency Convertibility
Download Adopting Currency Convertibility full books in PDF, epub, and Kindle. Read online free Adopting Currency Convertibility ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : Peter J. Quirk |
Publisher | : International Monetary Fund |
Total Pages | : 28 |
Release | : 1994-08-01 |
Genre | : Business & Economics |
ISBN | : 1451950055 |
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 | : Peter Quirk |
Publisher | : |
Total Pages | : 30 |
Release | : 2006 |
Genre | : |
ISBN | : |
Author | : P. J. Quirk |
Publisher | : |
Total Pages | : |
Release | : 1994 |
Genre | : |
ISBN | : |
Author | : Patrick Collins |
Publisher | : Springer |
Total Pages | : 263 |
Release | : 1985-06-18 |
Genre | : Business & Economics |
ISBN | : 1349070580 |
Author | : Barry Eichengreen |
Publisher | : Routledge |
Total Pages | : 310 |
Release | : 2005-07-28 |
Genre | : Business & Economics |
ISBN | : 1134825684 |
The spread of currency convertibility is one of the most dramatic trends of the late twentieth century. It reflects the desire of policymakers to integrate their economies into the global trading system and to attract financial capital and direct investment from abroad. In this book a team of leading international economists and economic historians look at parallel situations in the history of the international monetary system, focusing in particular on the gold standard. The concluding chapter uses a case study of modern Portugal to draw out implications for modern international monetary relations in Europe and for the rest of the world.
Author | : John Williamson |
Publisher | : Peterson Institute for International Economics |
Total Pages | : 484 |
Release | : 1991 |
Genre | : Business & Economics |
ISBN | : |
Establishment of convertible currencies is one of the chief goals of economic reform in Eastern Europe and the Soviet Union. However, convertibility relates closely to the entirety of a country's reform strategy and there are a number of possible paths to its achievement. This study analyzes the issue in the Eastern European context, reviews the history of efforts elsewhere to achieve convertibility and recommends preferred courses of action. In particular, it considers the relative merits of "shock" programmes, including immediate national declarations of convertibility and the more gradual approach adopted by the Western European nations (via regional institutions), and Japan after World War II.
Author | : Sumati Varma |
Publisher | : |
Total Pages | : 284 |
Release | : 2007 |
Genre | : Currency convertibility |
ISBN | : |
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.)
Author | : Barry Eichengreen |
Publisher | : Routledge |
Total Pages | : 292 |
Release | : 2005-07-28 |
Genre | : Business & Economics |
ISBN | : 1134825692 |
In this book leading economists and economic historians look at the history of the international monetary system, in particular the workings of the gold standard, to examine the implications for international monetary relations.
Author | : Vicente Galbis |
Publisher | : International Monetary Fund |
Total Pages | : 70 |
Release | : 1996-04 |
Genre | : Business & Economics |
ISBN | : |
This paper reviews experience with currency convertibility on both the current and capital accounts, with particular attention to the Fund’s concepts and policy implications. After discussing the basic concepts of convertibility, the paper reviews the experience with convertibility in three groups of Fund members--industrial countries, developing countries, and transition countries. The paper also discusses some policy options designed to encourage acceptance of convertibility by Fund members that have not yet done so.
Author | : Jane Sneddon Little |
Publisher | : University Press of the Pacific |
Total Pages | : 304 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : |
According to a recent World Bank study, the Asian crisis led to a significant rise in poverty and sharp declines in middle-class living standards in the countries most affected. Real public spending on health and education fell, with poor households experiencing the largest declines in access to these services. The impact of decreased investment in human capital will have consequences for individuals and whole societies for years to come. Because these external shocks occurred very shortly after these countries had liberalized their capital markets, they have engendered a growing distrust of globalization in many parts of the world. We owe it to the people of the developing countries, as well as to ourselves, to consider how institutional or policy changes could moderate such setbacks in the future. For all these reasons, this conference seemed a good time to pause and consider the implications of recent events, institutional changes, and new research for the evolution of the international monetary system. Representing frontline countries and frontline institutions, many of the conference participants had struggled firsthand with the dilemmas posed by the recent crises. Thus, they brought unique perspectives on the issues and offered thoughtful observations and useful ideas that could improve the workings of the international monetary system. It is our hope that this publication of their views will stimulate further discussion, research and, more than partial implementation.