Author: Gabor OblathPublisher:
ISBN: 9789637852503
Category : Currency convertibility
Languages : en
Pages : 30
Book Description
Interpreting and Implementing Currency Convertibility in Central and Eastern Europe
Author: Gabor OblathPublisher:
ISBN: 9789637852503
Category : Currency convertibility
Languages : en
Pages : 30
Book Description
Currency Convertibility in Eastern Europe
Author: John WilliamsonPublisher:
ISBN:
Category : Currency convertibility
Languages : en
Pages : 488
Book Description
Analyzes the issue of convertibility of currency in an Eastern European context, reviews the history of efforts elsewhere to achieve it, and recommends preferred courses of action. In particular, it considers the relative merits of shock programmes and more gradual approaches.
Currency Convertibility and Economic Transition in Central and Eastern Europe
Author: Ines MorovicPublisher:
ISBN:
Category : Currency convertibility
Languages : en
Pages : 66
Book Description
The International Monetary System
Author: Hans GenbergPublisher: Springer Science & Business Media
ISBN: 3642796818
Category : Business & Economics
Languages : en
Pages : 217
Book Description
HANSGENBERG An international monetary system should provide a stable and predictable environment for international trade and investment. At the very least, it should not by itself be a source of disturbances in the world economy, and it should be designed so that policy errors or unforeseen shocks are not unduly transmitted between countries. In this perspective, worldwide integration of goods and financial markets present a particular challenge. Such integration increases the cross-border effects of economic policies at the same time as interlocking payments and financial systems transmit financial disturbances rapidly throughout the world. As the degree of integration and interdependence changes over time, is not a foregone conc1usion that international monetary institutions and mechanisms always remain well adapted to the state of the world economy. Occasional review of the performance of the system as well as proposals for improvements are therefore necessary. The contributions to this volume have l been brought together with this in mind.
Foreign Trade in the Transition
Author: Bart?omiej Kami?skiPublisher: World Bank Publications
ISBN: 9780821336113
Category : Business & Economics
Languages : en
Pages : 76
Book Description
World Bank Discussion Paper No. 323. Presents a framework for evaluating the level and composition of public expenditures. The paper applies the framework to the analysis of intrasectoral allocations within key sectors, intersectoral allocations across sectors, and allocations for major cross-sectoral expenditure categories. It identifies the elements that should be an integral part of an ongoing exercise in analyzing the level and composition of public spending and highlights the importance of the institutional policy environment that determines these allocations and their outcomes.
Legal Aspects of the European System of Central Banks
Author: Liber AmicorumPublisher:
ISBN: 9789291817016
Category : Banking law
Languages : en
Pages : 414
Book Description
"The book contains a collection of articles on the European Union and the European System of Central Banks (ESCB), the Eurosystem, monetary law, central bank independence and central bank statutes as well as on financial law. The authors are current or former members of the Legal Committee of the ESCB (LEGCO). This book commemorates ten years of work by the Working Group of Legal Experts of the European Monetary Institute and by the LEGCO. It is dedicated to Mr Paolo Zamboni Garavelli, former Head of the Legal Department at the Banca d'Italia and member of LEGCO, who died in 2004."--Editor.
Focus on Transition
Author: Understanding Interdependence
Author: Peter B. KenenPublisher: Princeton University Press
ISBN: 0691231133
Category : Business & Economics
Languages : en
Pages : 566
Book Description
Drawing together new papers by some of today's leading figures in international economics and finance, Understanding Interdependence surveys the current state of knowledge on the international monetary system and, by implication, defines the research horizon for the future. Covering topics including the behavior of exchange rates, the choice of exchange-rate regime, current-account adjustment in classical and Keynesian models, the extent and effects of capital mobility, international debt, the stabilization and reform of the formerly planned economies, European monetary union, and international policy coordination, the book underscores the importance of these subjects and identifies lessons for policymakers. The contributors to the volume are Michael Bruno, Ralph C. Bryant, Richard N. Cooper, Michael P. Dooley, Barry Eichengreen, Stanley Fischer, Charles A. E. Goodhart, Peter Hooper, Peter B. Kenen, Paul R. Krugman, Henri Lorie, Jaime Marquez, Ronald I. McKinnon, Michael Mussa, Maurice Obstfeld, John Odling-Smee, Assaf Razin, Dani Rodrik, Mark P. Taylor, and John Williamson.
The Rise of Public and Private Digital Money
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1513592033
Category : Business & Economics
Languages : en
Pages : 33
Book Description
Following the companion paper on the new policy challenges related to the adoption of digital forms of money, this paper presents an operational strategy for the IMF to continue delivering on its mandate of ensuring domestic and international financial and economic stability. The paper begins by summarizing the forces driving the adoption of digital forms of money, and the new policy questions that emerge. It then focusses on how the IMF’s core activities and output will need to evolve, including surveillance, capacity development, and analytical foundations. It ends by discusses how the IMF intends to partner with other organization, and to grow and structure internal resources to fulfill this vision.
Author: