Moving to a flexible exchange rate how, when, and how fast?
A growing number of countries are adopting flexible exchange rate regimes because flexibility offers more protection against external shocks and greater monetary independence. Other countries have made the transition under disorderly conditions, with the sharp depreciation of their currency during a...
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| Otros Autores: | , |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund
[c2005]
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| Colección: | EBSCO Academic eBook Collection Complete.
Economic issues ; 38. |
| Acceso en línea: | Conectar con la versión electrónica |
| Ver en Universidad de Navarra: | https://innopac.unav.es/record=b31011779*spi |
| Sumario: | A growing number of countries are adopting flexible exchange rate regimes because flexibility offers more protection against external shocks and greater monetary independence. Other countries have made the transition under disorderly conditions, with the sharp depreciation of their currency during a crisis. Regardless of the reason for adopting a flexible exchange rate, a successful transition depends on the effective management of a number of institutional and operational issues. The authors of this Economic Issue describe the necessary ingredients for moving to a flexible regime, as well as the optimal pace and sequencing under different conditions. |
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| Notas: | "December 2005"--T.p. verso. "These issues are summarized in this Economic Issue ... based on IMF Working Paper 04/126, 'From fixed to float: operational aspects of moving toward exchanged rate flexibility, ' by Rupa Duttagupta, Gilda Fernandez, and Cem Karacadag"--Pref. |
| Descripción Física: | iv, 21 p. : il., ports |
| Formato: | Forma de acceso: World Wide Web. |
| ISBN: | 9781451935608 |
