Currency board arrangements : issues and experiences /

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Otros Autores: Baliño, Tomás J. T., Enoch, Charles
Formato: Libro
Lenguaje:Inglés
Publicado: Washington, DC : International Monetary Fund, 1997.
Colección:Occasional paper (International Monetary Fund) ; no. 151.
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Aporte de:Registro referencial: Solicitar el recurso aquí
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050 0 0 |a HG230.5  |b .C867 1997 
245 0 0 |a Currency board arrangements :  |b issues and experiences /  |c by a staff team led by Tomás J.T. Baliño and Charles Enoch and comprising Alain Ize, Veerathai Santiprabhob, Peter Stella. 
260 |a Washington, DC :  |b International Monetary Fund,  |c 1997. 
300 |a v, 52 p. :  |b ill. ;  |c 28 cm. 
440 0 |a Occasional paper (International Monetary Fund) ;  |v no. 151. 
504 |a Includes bibliographical references (p. 48-50). 
505 0 |a Definitions and basic features. What is a currency board arrangement? -- What distinguishes a currency board arrangement from other pegged exchange rate arrangements? -- How do currency board arrangements function? -- Considerations for adopting a currency board. Strengths of a currency board arrangement -- Currency stability, interest rate convergence, and financial intermediation -- Weaknesses of currency board arrangements -- Implications for entry conditions -- Determination of the exchange rate -- Scope for monetary policy and lender-of-last-resort support. Scope for day-to-day monetary operations -- Prudential issues and lender of last resort -- Implications for public debt management -- Duration of a currency board arrangement -- Should currency board arrangements be viewed as transitory or permanent? -- Legal issues in exiting a currency board arrangement -- Exit strategies -- Exit conditions -- Implications of currency board arrangements for the design of IMF-supported programs. Use of IMF resources -- Targeting in IMF-supported programs. 
650 0 |a Currency boards. 
650 0 |a Money. 
650 0 |a Foreign exchange administration. 
700 1 |a Baliño, Tomás J. T. 
700 1 |a Enoch, Charles. 
710 2 |a International Monetary Fund.