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...

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Détails bibliographiques
Collectivité auteur: International Monetary Fund
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1988.
Collection:IMF Working Papers; Working Paper ; No. 1988/069
Accès en ligne:Full text available on IMF