Currency Convertibility and the Fund : Review and Prognosis /

This paper reviews experience with currency convertibility on both the current and capital accounts, with particular attention to the Fund's concepts and policy implications. After discussing the basic concepts of convertibility, the paper reviews the experience with convertibility in three gro...

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Détails bibliographiques
Auteur principal: Galbis, Vicente
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1996.
Collection:IMF Working Papers; Working Paper ; No. 1996/039
Accès en ligne:Full text available on IMF
Description
Résumé:This paper reviews experience with currency convertibility on both the current and capital accounts, with particular attention to the Fund's concepts and policy implications. After discussing the basic concepts of convertibility, the paper reviews the experience with convertibility in three groups of Fund members--industrial countries, developing countries, and transition countries. The paper also discusses some policy options designed to encourage acceptance of convertibility by Fund members that have not yet done so.
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Description matérielle:1 online resource (64 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Accès:Electronic access restricted to authorized BRAC University faculty, staff and students