01608cas a2200229 a 4500 AALejournalIMF011527 230101c9999 xx r poo 0 0eng d 9781616353049 0145-1707 BD-DhAAL BD-DhAAL International Monetary Fund. External Relations Dept. Finance and Development, September 1971. Washington, D.C. : International Monetary Fund, 1971. 1 online resource (67 pages) Finance and Development <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 focuses on currency convertibility and the exchange rate system. The paper explains some of the factors involved in extending the freedom of currency convertibility, one of the IMF's principal policy aims. It highlights that the IMF's Articles of Agreement make the distinction between currency convertibility for residents and for nonresidents, but make it an obligation in principle to avoid restrictions on current payments of both categories. The paper also discusses management in developing countries as well as the link between growth and structural change. Mode of access: Internet Finance and Development; Finance and Development ; No. 0008/003 Full text available on IMF http://elibrary.imf.org/view/journals/022/0008/003/022.0008.issue-003-en.xml IMF e-Library