Currency convertibility in the Middle East and North Africa
Currency convertibility -- defined in the broadest sense as the right to convert freely and without limit a currency into any other at the prevailing exchange rate -- is the linchpin of today's globalized world economy. To assess the importance of convertibility, it is only necessary to point o...
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| Otros Autores: | , |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund
1996.
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| Colección: | EBSCO Academic eBook Collection Complete.
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| Acceso en línea: | Conectar con la versión electrónica |
| Ver en Universidad de Navarra: | https://innopac.unav.es/record=b31013053*spi |
| Sumario: | Currency convertibility -- defined in the broadest sense as the right to convert freely and without limit a currency into any other at the prevailing exchange rate -- is the linchpin of today's globalized world economy. To assess the importance of convertibility, it is only necessary to point out that a system of well-managed convertible national currencies imparts to the international arena advantages analogous to those resulting from the introduction of money in a national economy, most notably, the elimination of barter (and the need for coincidence of needs) as a basis for international trade and the provision of an instrument for the development of financial markets. |
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| Notas: | "Papers presented at a seminar held in Marrakesh, Morocco, December 16-18, 1993." |
| Descripción Física: | 1 online resource : il |
| Formato: | Forma de acceso: World Wide Web. |
| Bibliografía: | Incluye referencias bibliográficas. |
| ISBN: | 9781455292073 9781283537742 |
