Exit Strategies : Policy Options for Countries Seeking Exchange Rate Flexibility /

In a world of increasing capital mobility and broadening and more diversified trade, many (but not all) developing and transition economies are likely to find it desirable to move from relatively fixed exchange rate regimes to regimes of greater exchange rate flexibility. This paper suggests why, an...

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Bibliographic Details
Main Author: Eichengreen, Barry
Other Authors: Hamann, A., Jadresic, Esteban, Otker, Inci
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:Occasional Papers; Occasional Paper ; No. 1998/014
Online Access:Full text available on IMF
Description
Summary:In a world of increasing capital mobility and broadening and more diversified trade, many (but not all) developing and transition economies are likely to find it desirable to move from relatively fixed exchange rate regimes to regimes of greater exchange rate flexibility. This paper suggests why, and considers strategies that countries may consider for such a move. It reinforces this discussion with a review of experience from teh past two decades with alternative exchange rate regimes. The paper also identifies policies that can facilitate the transition to greater exchange rate flexibility for countries that wish to pursue this option.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Physical Description:1 online resource (55 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Access:Electronic access restricted to authorized BRAC University faculty, staff and students