Currency Convertibility

Currency Convertibility

Author: Barry Eichengreen

Publisher: Routledge

Published: 2005-07-28

Total Pages: 292

ISBN-13: 1134825692

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In this book leading economists and economic historians look at the history of the international monetary system, in particular the workings of the gold standard, to examine the implications for international monetary relations.


Currency Convertibility

Currency Convertibility

Author: Barry Eichengreen

Publisher: Routledge

Published: 2005-07-28

Total Pages: 310

ISBN-13: 1134825684

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The spread of currency convertibility is one of the most dramatic trends of the late twentieth century. It reflects the desire of policymakers to integrate their economies into the global trading system and to attract financial capital and direct investment from abroad. In this book a team of leading international economists and economic historians look at parallel situations in the history of the international monetary system, focusing in particular on the gold standard. The concluding chapter uses a case study of modern Portugal to draw out implications for modern international monetary relations in Europe and for the rest of the world.


Currency Convertibility in the Economic Community of West African States

Currency Convertibility in the Economic Community of West African States

Author: Mr.Saleh M. Nsouli

Publisher: International Monetary Fund

Published: 1982-08-16

Total Pages: 56

ISBN-13: 9781557750594

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One of the principal aims of the effort to integrate the economies of the 16 member countries of the Economic Community of West African States (ECOWAS) is to expand intra-Community trade. This objective is to be achieved partly through the elimination of quantitive and other restrictions on trade.


Currency Convertibility in the Middle East and North Africa

Currency Convertibility in the Middle East and North Africa

Author: Mr.Saleh M. Nsouli

Publisher: International Monetary Fund

Published: 1996-11-05

Total Pages: 204

ISBN-13: 9781557755643

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Currency convertibility is a far-reaching instrument to facilitate integration into the global economy. With it a country can gain the benefits of increased freedom in capital movements and of fostering trade and financial linkages worldwide. A seminar sponsored by the Arab Monetary Fund and the IMF, held in Marrakesh, Morocco, discussed the theoretical and empirical aspects of currency convertibility in the Arab countries. The volume, edited by Manuel Guitián and Saleh M. Nsouli, reproduces the papers presented at the seminar.


Exchange Rate Arrangements and Currency Convertibility

Exchange Rate Arrangements and Currency Convertibility

Author: Mr.R. B. Johnston

Publisher: International Monetary Fund

Published: 1999-09-24

Total Pages: 190

ISBN-13: 9781557757951

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This study reviews the developments and issues in the exchange arrangements and currency convertibility of IMF members. The principal information source for this report is the Annual Report on Exchange Arrangements and Exchange Restrictions prepared in consultation with national authorities.


Rethinking Development Economics

Rethinking Development Economics

Author: Ha-Joon Chang

Publisher: Anthem Press

Published: 2003

Total Pages: 556

ISBN-13: 1843311100

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This title represents the most forward thinking and comprehensive review of development economics currently available.


Russian Currency and Finance

Russian Currency and Finance

Author: Steve H. Hanke

Publisher: Routledge

Published: 2005-08-18

Total Pages: 260

ISBN-13: 1134863691

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As the new Russian state struggles with the transition to a market economy, the need for radical monetary reform becomes increasingly urgent. The choice of reform is crucial, for it will largely determine Russia's future economic performance. In order to break free of the lingering effects of Soviet central planning, the new Russian state needs a stable, convertible currency. Steve H. Hanke, Lars Jonung and Kurt Schuler propose that Russia establishes a currency board which would issue a Russian currency fully convertible with international currency, backed 100 per cent by international bonds. The international community would aid in establishing the currency board by providing the initial reserves. Early supplies of this new Russian currency would be distributed free to Russian citizens. The authors give detailed explanations of how the currency board could be established and how it would work.