Efficiency Costs of Myanmar's Multiple Exchange Rate Regime /

Myanmar's multiple exchange rate system creates various economic distortions. This paper describes the exchange rate practices in Myanmar, develops a model of foreign exchange markets, and presents the efficiency costs imposed by quasi-fiscal operation under the current exchange rate regime. Th...

Descrición completa

Detalles Bibliográficos
Autor Principal: Hori, Masahiro
Outros autores: Wong, Yu Ching
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/199
Acceso en liña:Full text available on IMF