Exchange Stabilization Fund
Author: United States. Congress. House. Committee on the Budget. Task Force on Tax Expenditures and Off-Budget Agencies
Publisher:
Published: 1976
Total Pages: 88
ISBN-13:
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Strained Relations
Author: Michael D. Bordo
Publisher: University of Chicago Press
Published: 2015-03-02
Total Pages: 453
ISBN-13: 022605151X
DOWNLOAD EBOOKDuring the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances—most notably the abandonment of the international gold standard—and how political and bureaucratic factors affected this aspect of public policy.
The Exchange Stabilization Fund
Author: C. Randall Henning
Publisher: Peterson Institute
Published: 1999
Total Pages: 124
ISBN-13: 9780881322712
DOWNLOAD EBOOKThe Exchange Stabilization Fund (ESF) holds more than $40 billion that is at the disposal of the US Secretary of the Treasury for use in foreign exchange intervention and international financial support operations. Its use in the Mexican rescue package of 1995 brought the ESF into the public spotlight for the first time in recent years, and it has been deployed in Brazil and several Asian crisis countries as well. Its availability for such packages and its total control by the Treasury secretary have therefore become very controversial. Randall Henning's study maintains that the Fund is an important element of US foreign policy and economic policy and that it should remain under the exclusive control of the Treasury, but that Congress should exercise effective oversight. Henning also covers the legislative history of the ESF and outlines the principles by which the Fund should be administered.
Exchange Stabilization Fund
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on International Finance
Publisher:
Published: 1977
Total Pages: 272
ISBN-13:
DOWNLOAD EBOOKExchange Stabilization Fund and Argentina
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Trade, Investment, and Monetary Policy
Publisher:
Published: 1984
Total Pages: 192
ISBN-13:
DOWNLOAD EBOOKUse of Exchange Stabilization Fund Resources-arrangement with Treasury Provides Access to Information
Author: United States. General Accounting Office
Publisher:
Published: 1977
Total Pages: 42
ISBN-13:
DOWNLOAD EBOOKPurchase of Residence in Tokyo for Financial Attache from Exchange Stabilization Fund by the Treasury Department
Author: United States. General Accounting Office
Publisher:
Published: 1965
Total Pages: 60
ISBN-13:
DOWNLOAD EBOOKGuidelines for Foreign Exchange Reserve Management
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2004-08-16
Total Pages: 34
ISBN-13: 9781589062603
DOWNLOAD EBOOKThese guidelines are intended to assist countries in strengthening their policy frameworks for reserve management so that they can become more resilient to shocks that may originate from global financial markets or within the domestic financial system. The guidelines have been developed as part of a broader IMF work program to help strengthen international financial architecture, to promote policies and practices that contribute to stability and transparency in the financial sector, and to reduce external vulnerabilities of member countries.
Monetary and Exchange System Reforms in China
Author: Mr.Bernard Laurens
Publisher: International Monetary Fund
Published: 1996-09-26
Total Pages: 108
ISBN-13: 9781557755629
DOWNLOAD EBOOKIn 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial transactions, the payments system, and the monetary policy and foreign exchange system. It also analyzes the tasks ahead to achieve the goals set in these areas for the year 2000.
Economics of Sovereign Wealth Funds
Author: Mr.Udaibir S. Das
Publisher: International Monetary Fund
Published: 2010-12-09
Total Pages: 330
ISBN-13: 1589069277
DOWNLOAD EBOOKThe book covers a wide range of topics of relevance to policymakers in countries that have sovereign wealth funds (SWFs) and those that receive SWF investments. Renowned experts in the field have contributed chapters. The book is organized around four themes: (1) the role and macrofinancial linkages of SWFs, (2) institutional factors, (3) investment approaches and financial markets, and (4) the postcrisis outlook. The book also discusses the challenges facing sovereign wealth funds in the coming years, from an inside perspective on countries, including Canada, Chile, China, Norway, Russia, and New Zealand. Economics of Sovereign Wealth Funds will contribute to a further understanding of the nature, strategies and behavior of SWFs and the environment in which they operate, as their importance is likely to grow in the coming years.
