Exit Strategies : Policy Options for Countries Seeking Exchange Rate Flexibility /

In a world of increasing capital mobility and broadening and more diversified trade, many (but not all) developing and transition economies are likely to find it desirable to move from relatively fixed exchange rate regimes to regimes of greater exchange rate flexibility. This paper suggests why, an...

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Bibliografische gegevens
Hoofdauteur: Eichengreen, Barry
Andere auteurs: Hamann, A., Jadresic, Esteban, Otker, Inci
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1998.
Reeks:Occasional Papers; Occasional Paper ; No. 1998/014
Online toegang:Full text available on IMF
Omschrijving
Samenvatting:In a world of increasing capital mobility and broadening and more diversified trade, many (but not all) developing and transition economies are likely to find it desirable to move from relatively fixed exchange rate regimes to regimes of greater exchange rate flexibility. This paper suggests why, and considers strategies that countries may consider for such a move. It reinforces this discussion with a review of experience from teh past two decades with alternative exchange rate regimes. The paper also identifies policies that can facilitate the transition to greater exchange rate flexibility for countries that wish to pursue this option.
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Fysieke beschrijving:1 online resource (55 pages)
Formaat:Mode of access: Internet
ISSN:0251-6365
Toegang:Electronic access restricted to authorized BRAC University faculty, staff and students