Trade Reform Under Partial Currency Convertibility : Some Suggestive Results.

This paper discusses the macroeconomic implications of trade reform in the presence of capital account restrictions. The latter is modelled by recognizing prior constraints on free currency convertibility that are imposed via the use of a multiple exchange rate system. The results of the analysis in...

Celý popis

Podrobná bibliografie
Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1988.
Edice:IMF Working Papers; Working Paper ; No. 1988/069
On-line přístup:Full text available on IMF