Revised System for the Classification of Exchange Rate Arrangements - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Revised System for the Classification of Exchange Rate Arrangements write by Mr.Harald Anderson. This book was released on 2009-09-01. Revised System for the Classification of Exchange Rate Arrangements available in PDF, EPUB and Kindle. Since 1998, the staff of the International Monetary Fund has published a classification of countries' de facto exchange rate arrangements. Experience in operating this classification system has highlighted a need for changes. The present paper provides information on revisions to the system in early 2009. The changes are expected to allow for greater consistency and objectivity of classifications across countries, expedite the classification process, conserve resources, and improve transparency.
Exchange Arrangements and Foreign Exchange Markets
Exchange Arrangements and Foreign Exchange Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exchange Arrangements and Foreign Exchange Markets write by International Monetary Fund. This book was released on 2003-03-28. Exchange Arrangements and Foreign Exchange Markets available in PDF, EPUB and Kindle. This paper reviews developments and issues in the exchange arrangements and currency convertibility of IMF members. Against the backdrop of continuing financial globalization and a series of emerging market crises since 1997, there have been important changes in the evolution of exchange rate regimes and the pace of liberalization of current and capital transactions among IMF member countries. There has been a shift away from intermediate regimes according to the IMF's official exchange rate regime classification system based on de facto exchange rate policies. The de facto exchange rate classification system has helped to clarify the nature and role of members' exchange rate regimes. It has facilitated discussions with country authorities about the implementation of exchange rate regimes and hence has contributed to more effective surveillance of the international monetary system. The use of exchange controls appears to have been little influenced by the degree of flexibility of exchange rate regimes or the occurrences of currency crises.
Exchange Rate Regimes in the Modern Era
Exchange Rate Regimes in the Modern Era - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exchange Rate Regimes in the Modern Era write by Michael W. Klein. This book was released on 2012-08-24. Exchange Rate Regimes in the Modern Era available in PDF, EPUB and Kindle. An analysis of the operation and consequences of exchange rate regimes in an era of increasing international interdependence. The exchange rate is sometimes called the most important price in a highly globalized world. A country's choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic outcomes, and is the subject of both academic and policy debate. In this book, two leading economists examine the operation and consequences of exchange rate regimes in an era of increasing international interdependence. Michael Klein and Jay Shambaugh focus on the evolution of exchange rate regimes in the modern era, the period since 1973, which followed the Bretton Woods era of 1945–72 and the pre-World War I gold standard era. Klein and Shambaugh offer a comprehensive, integrated treatment of the characteristics of exchange rate regimes and their effects. The book draws on and synthesizes data from the recent wave of empirical research on this topic, and includes new findings that challenge preconceived notions.
Exchange Rate Arrangements and Currency Convertibility
Exchange Rate Arrangements and Currency Convertibility - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exchange Rate Arrangements and Currency Convertibility write by Mr.R. B. Johnston. This book was released on 1999-09-24. Exchange Rate Arrangements and Currency Convertibility available in PDF, EPUB and Kindle. This study reviews the developments and issues in the exchange arrangements and currency convertibility of IMF members. The principal information source for this report is the Annual Report on Exchange Arrangements and Exchange Restrictions prepared in consultation with national authorities.
Exchange Rate Arrangements and Monetary Policy
Exchange Rate Arrangements and Monetary Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exchange Rate Arrangements and Monetary Policy write by International Monetary Fund. This book was released on 1988-01-01. Exchange Rate Arrangements and Monetary Policy available in PDF, EPUB and Kindle. This paper examines the relationship between monetary and exchange rate policies by considering the factors that have led the authorities in developed and developing countries in Asia to alter their use of monetary policy instruments and exchange rate arrangements since the mid-1970s. There is first consideration of the extent to which real and monetary shocks, country size, and the degree of goods and capital market integration can explain the evolution of exchange rate arrangements. There is then an examination of the factors influencing the choice of money and credit policy instruments. Finally, there is a discussion of integrating monetary and exchange policies with extensive trade and financial market reforms.
