Finance and Development, September 1971.

This paper focuses on currency convertibility and the exchange rate system. The paper explains some of the factors involved in extending the freedom of currency convertibility, one of the IMF's principal policy aims. It highlights that the IMF's Articles of Agreement make the distinction b...

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Bibliographic Details
Corporate Author: International Monetary Fund. External Relations Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1971.
Series:Finance and Development; Finance and Development ; No. 0008/003
Online Access:Full text available on IMF
Description
Summary:This paper focuses on currency convertibility and the exchange rate system. The paper explains some of the factors involved in extending the freedom of currency convertibility, one of the IMF's principal policy aims. It highlights that the IMF's Articles of Agreement make the distinction between currency convertibility for residents and for nonresidents, but make it an obligation in principle to avoid restrictions on current payments of both categories. The paper also discusses management in developing countries as well as the link between growth and structural change.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (67 pages)
Format:Mode of access: Internet
ISSN:0145-1707
Access:Electronic access restricted to authorized BRAC University faculty, staff and students