01689cas a2200241 a 4500 AALejournalIMF008811 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451967326 1018-5941 BD-DhAAL BD-DhAAL Siklos, Pierre. Varieties of Monetary Reforms / Pierre Siklos. Washington, D.C. : International Monetary Fund, 1994. 1 online resource (30 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 surveys three types of monetary arrangements. It considers how the choice of an exchange rate regime, the degree of central bank independence, or choice of currency unions or boards depends not only on economic considerations but also on political economy considerations. In economic terms, the choice of monetary regime will depend on the policy that is best suited to reducing or stabilizing inflation. In political economy terms, the choice of monetary arrangement will ultimately depend on how independent a country wishes to be from shocks emanating from the rest of the world and the weight politicians attach to influencing economic conditions in their own country. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1994/057 Full text available on IMF http://elibrary.imf.org/view/journals/001/1994/057/001.1994.issue-057-en.xml IMF e-Library