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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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| Corporate Authors: | , |
| Other Authors: | , |
| Format: | Online Book |
| Language: | English |
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[Washington, D.C.] :
International Monetary Fund,
[©2005]
©2005 |
| Series: | Economic issues (International Monetary Fund) ;
38. |
| Subjects: | |
| Access: | Online version |
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| Summary: | 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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| Item Description: | "December 2005"--Title page 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"--Preface. |
| Physical Description: | 1 online resource (iv, 21 pages) : illustrations, portraits. |
| ISBN: | 9781451935608 1451935609 146233511X 9781462335114 1452721106 9781452721101 1589064763 |
| ISSN: | 1020-5098 ; |
| Access: | Electronic access restricted to Villanova University patrons. |