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Baliño, Tomás J. T. (ed.); Bennett, Adam (contributor); … - International Monetary Fund - 1999

Persistent link: https://www.econbiz.de/10000671075

Economic Policy in a Highly Dollarized Economy : The Case of Cambodia

International Monetary Fund - 2003

This study examines the challenges and issues facing policymakers in highly dollarized economies. Focusing on Cambodia, which achieved almost complete dollarization during 1991-95, the authors review recent developments in the literature on dollarization and examine the costs and benefits of...

Persistent link: https://www.econbiz.de/10014411073

International Reserve Currencies

International Monetary Fund - 1989

We study the composition of central bank holdings of foreign reserves when the level of currency riskiness is endogenously determined by economic structure and policymaker preferences in reserve issuing countries. Examination of the behavior of official foreign reserves of the industrial and...

Persistent link: https://www.econbiz.de/10014396457

Macroeconomic Adjustment in a Highly Dollarized Economy : The Case of Cambodia

International Monetary Fund - 2002

Cambodia became dollarized suddenly in the early 1990s, as a result of massive dollar inflows stemming from a postconflict situation. Considering that the amount of dollars in circulation is unusually high, we attempt to estimate the true degree of dollarization empirically. Our results show...

Persistent link: https://www.econbiz.de/10014399652

Adopting the Euro in Central Europe; Challenges of the Next Step in European Integration

International Monetary Fund (IMF); International … - 2005

derogation from adopting the euro as their currency (that is, each country joining the EU commits to replace its national … currency with the euro, but can choose when to request permission to do so). For most of these countries, adopting the euro … convergence with the rest of the euro area. …

Persistent link: https://www.econbiz.de/10005767345

New Rates From New Weights

International Monetary Fund - 2005

This paper describes the result and the methodology of updating nominal and real effective exchange rate weights on the basis of trade data over 1999-2001. The underlying framework is an updated version of the IMF''s current effective exchange rate calculation, which uses weights largely based...

Persistent link: https://www.econbiz.de/10014400539

Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime : The Case of the Islamic Republic of Iran

International Monetary Fund - 1999

This paper reviews recent developments in the exchange system in the Islamic Republic of Iran and in the real effective exchange rate (REER). It also considers the determinants of the REER in connection with the choice of exchange regime after unification. The study illustrates how economic...

Persistent link: https://www.econbiz.de/10014401804

Exchange Arrangements and Foreign Exchange Markets : Developments and Issues

International Monetary Fund - 2003

This paper reviews developments and issues in the exchange arrangements and currency convertibility of IMF members. Against the backdrop of continuing financial globalization and a series of emerging market crises since 1997, there have been important changes in the evolution of exchange rate...

Persistent link: https://www.econbiz.de/10014404579

Exchange Rate Volatility and World Trade

International Monetary Fund - 1984

In View of the continuation of substantial movements in exchange rate relationships among major currencies, the recent increase in protectionist pressures, and the disappointing performance of world trade, renewed concern has been expressed about the possible adverse effects of exchange rate...

Persistent link: https://www.econbiz.de/10014406218

Kyrgyz Republic : Selected Issues and Statistical Appendix

International Monetary Fund - 2003

This Selected Issues paper examines figures related to the key policy areas for the Kyrgyz Republic. Specifically, the paper studies the sources of growth, the cost competitiveness of export, and trade restrictions in the region, which are all linked to the achievement of the growth and poverty...

Persistent link: https://www.econbiz.de/10014406498

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