Moving to Greater Exchange Rate Flexibility: Operational Aspects Based on Lessons from Detailed Country Experiences

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Moving to Greater Exchange Rate Flexibility: Operational Aspects Based on Lessons from Detailed Country Experiences by Inci Ms. Ötker, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Inci Ms. Ötker ISBN: 9781452722078
Publisher: INTERNATIONAL MONETARY FUND Publication: April 30, 2007
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Inci Ms. Ötker
ISBN: 9781452722078
Publisher: INTERNATIONAL MONETARY FUND
Publication: April 30, 2007
Imprint: INTERNATIONAL MONETARY FUND
Language: English

Many countries have moved towards more flexible exchange rate regimes over the last decade to take advantage of greater monetary policy autonomy and flexibility in responding to external shocks. Some reluctance to let go of pegged exchange rates persists, however, despite the benefits of flexibility. The institutional and operational requirements needed to support a floating exchange rate, as well as difficulties in assessing the right time and manner to exit, tend to be additional factors in this reluctance. This volume presents the concrete steps taken by a number of countries in transition to greater exchange rate flexibility and elaborates on the operational ingredients that proved helpful in promoting successful and durable transitions. It attempts to provide a better understanding (and hence a "road map") of how these various operational ingredients were established and coordinated, how their implementation interacted with macro and other conditions, and how they contributed to the smoothness of each transition.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Many countries have moved towards more flexible exchange rate regimes over the last decade to take advantage of greater monetary policy autonomy and flexibility in responding to external shocks. Some reluctance to let go of pegged exchange rates persists, however, despite the benefits of flexibility. The institutional and operational requirements needed to support a floating exchange rate, as well as difficulties in assessing the right time and manner to exit, tend to be additional factors in this reluctance. This volume presents the concrete steps taken by a number of countries in transition to greater exchange rate flexibility and elaborates on the operational ingredients that proved helpful in promoting successful and durable transitions. It attempts to provide a better understanding (and hence a "road map") of how these various operational ingredients were established and coordinated, how their implementation interacted with macro and other conditions, and how they contributed to the smoothness of each transition.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Inequality and Labor Market Institutions by Inci Ms. Ötker
Cover of the book China's Growth and Integration into the World Economy: Prospects and Challenges by Inci Ms. Ötker
Cover of the book Revenue Administration: A Toolkit for Implementing a Revenue Authority by Inci Ms. Ötker
Cover of the book Finance & Development, March 2018 by Inci Ms. Ötker
Cover of the book Does Excess Liquidity Pose a Threat in Japan? by Inci Ms. Ötker
Cover of the book Policies to Address Banking Sector Weakness: Evolution of Financial Markets and Institutional Indicators by Inci Ms. Ötker
Cover of the book Designing Monetary and Fiscal Policy in Low-Income Countries by Inci Ms. Ötker
Cover of the book Debt-Related Vulnerabilities and Financial Crises by Inci Ms. Ötker
Cover of the book Islamic Bond Issuance - What Sovereign Debt Managers Need to Know by Inci Ms. Ötker
Cover of the book Finance & Development, September 2003 by Inci Ms. Ötker
Cover of the book Primary Dealers in Government Securities by Inci Ms. Ötker
Cover of the book Unconventional Choices for Unconventional Times Credit and Quantitative Easing in Advanced Economies by Inci Ms. Ötker
Cover of the book Coordinated Portfolio Investment Survey Guide (second edition) by Inci Ms. Ötker
Cover of the book Regional Economic Outlook: Western Hemisphere (April 2008) by Inci Ms. Ötker
Cover of the book African Finance in the Twenty-First Century by Inci Ms. Ötker
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy