Adopting Currency Convertibility : Experiences and Monetary Policy Considerations for Advanced Developing Countries /

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 imp...

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Detaylı Bibliyografya
Yazar: Quirk, Peter
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 1994.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 1994/096
Online Erişim:Full text available on IMF
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100 1 |a Quirk, Peter. 
245 1 0 |a Adopting Currency Convertibility :   |b Experiences and Monetary Policy Considerations for Advanced Developing Countries /  |c Peter Quirk. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1994. 
300 |a 1 online resource (28 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1994/096 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1994/096/001.1994.issue-096-en.xml  |z IMF e-Library