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eventually led to the collapse of the Convertibility experiment. The role of economic ideas in particular, the incorrect lessons … Convertibility experiment. -- Globalization ; Monetary Reform ; Argentina …
Persistent link: https://www.econbiz.de/10003732771
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
Persistent link: https://www.econbiz.de/10009782990
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
The paper analyses the causes of the Asian Financial Crisis 1977/79. The increase in cross-border capital mobility and the issues of regulating sequencing of trade liberating and capital account convertiblity are also discussed. A typology of generation-models of currency crises is analyzed. It...
Persistent link: https://www.econbiz.de/10013104581
without restriction and with no permission required. The easy convertibility of currency is a relatively recent development …
Persistent link: https://www.econbiz.de/10012987046
to hold money over time - and due to convertibility there is no means by which the Friedman rule can generate deflation …
Persistent link: https://www.econbiz.de/10012599474
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
to hold money over time - and due to convertibility there is no means by which the Friedman rule can generate deflation …
Persistent link: https://www.econbiz.de/10012269274
its orders, even including regime change. Guaranteed convertibility of a currency, such as maintaining a gold standard …, can in principle help to stabilise its value, but this has been absent since the end of US dollar convertibility in 1971 …. The Grondona system of conditional currency convertibility was not planned as a counter-measure for currency crises …
Persistent link: https://www.econbiz.de/10012022128