01710cas a2200241 a 4500 AALejournalIMF003876 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451950052 1018-5941 BD-DhAAL BD-DhAAL Quirk, Peter. Adopting Currency Convertibility : Experiences and Monetary Policy Considerations for Advanced Developing Countries / Peter Quirk. Washington, D.C. : International Monetary Fund, 1994. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyses issues for developing countries with structurally sound balance of payments that are considering a move to full currency convertibility. The main experiences of industrial countries in their decontrol of international capital transactions are reviewed, with an emphasis on the implications for monetary policy. The paper deals both with stabilization, and the prudential issues, which are especially important in view of the potential for speculative bubbles. Respective roles of the international organizations, IMF, OECD, and the GATT, in assisting the capital liberalization process are discussed. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1994/096 Full text available on IMF http://elibrary.imf.org/view/journals/001/1994/096/001.1994.issue-096-en.xml IMF e-Library