Moving to a flexible exchange rate : how, when, and how fast? /

Duttagupta, Rupa.

Moving to a flexible exchange rate : how, when, and how fast? / Rupa Duttagupta, Gilda Fernandez, and Cem Karacadag. - [Washington, D.C.] : International Monetary Fund, [©2005] - 1 online resource (iv, 21 pages) : illustrations, portraits - Economic issues, 38 1020-5098 ; . - Economic issues (International Monetary Fund) ; 38. .

"December 2005"--Title page verso "These issues are summarized in this Economic Issue ... based on IMF Working Paper 04/126, 'From fixed to float: operational aspects of moving toward exchanged rate flexibility, ' by Rupa Duttagupta, Gilda Fernandez, and Cem Karacadag"--Preface

A growing number of countries are adopting flexible exchange rate regimes because flexibility offers more protection against external shocks and greater monetary independence. Other countries have made the transition under disorderly conditions, with the sharp depreciation of their currency during a crisis. Regardless of the reason for adopting a flexible exchange rate, a successful transition depends on the effective management of a number of institutional and operational issues. The authors of this Economic Issue describe the necessary ingredients for moving to a flexible regime, as well as the optimal pace and sequencing under different conditions.


English.

9781451935608 (electronic bk.) 1451935609 (electronic bk.) 146233511X 9781462335114 1452721106 9781452721101


Foreign exchange rates.
Foreign exchange administration.
Foreign exchange market.
Capital movements.
Money--Tables.
Taux de change.
Change--Administration.
Marché des changes.
Mouvements de capitaux.
BUSINESS & ECONOMICS--Foreign Exchange.
Capital movements.
Foreign exchange administration.
Foreign exchange market.
Foreign exchange rates.

Floating exchange rates


Electronic books.

HG3852 / .D88 2005eb

332.4/562

HG3852 / .D88 2005

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