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discussed currently in PNG are inadequate to restore currency convertibility. For this, a real exchange rate depreciation is …
Persistent link: https://www.econbiz.de/10014082843
convertibility and the purchasing power of the domestic currency whilst averting imported inflation and excessive foreign …
Persistent link: https://www.econbiz.de/10013104434
Persistent link: https://www.econbiz.de/10013472005
discussed currently in PNG are inadequate to restore currency convertibility. For this, a real exchange rate depreciation is …
Persistent link: https://www.econbiz.de/10013207163
separation of strong and weak side convertibility undertakings, when the rate is confined to a specified corridor. We suggest a …
Persistent link: https://www.econbiz.de/10013062565
The two papers draw from the brief yet radical reform experiences of five countries-Bulgaria, former Czechoslovakia, Hungary, Poland, and Romania. The first paper describes the financial sector reforms untertaken by these countries since the 1980s, as well as the problems encountered. It also...
Persistent link: https://www.econbiz.de/10014405797
Persistent link: https://www.econbiz.de/10009782990
The measures taken so far to move towards currency convertibility and combat inflation in Russia and the other CIS …
Persistent link: https://www.econbiz.de/10011547139
This paper reviews the steps that China has taken towards financial reform with a particular focus on capital account liberalisation and internationalisation of the use of the renminbi. After a slowdown in reform momentum during the global financial crisis, there is a clear push towards reform,...
Persistent link: https://www.econbiz.de/10011384045
This paper examines the issue of achieving full convertibility for the Chinese currency, Renminbi (RMB), and its impact … on the economies of both mainland China and Hong Kong. It focuses on the sequencing of Renminbi's full convertibility …, clarifying the different concepts of currency convertibility, i.e. current account convertibility, capital/financial account …
Persistent link: https://www.econbiz.de/10012729300