Similar Search Results

Turkey at the Crossroads; From Crisis Resolution to EU Accession

McGettigan, Donal; Debrun, Xavier; Griffiths, Mark E. L.; … - International Monetary Fund (IMF) - 2005

The key policy challenge for Turkey in the years ahead will be to enhance and consolidate the advances made since the nationâ€™s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union levels. This paper reviews Turkeyâ€™s...

Persistent link: https://www.econbiz.de/10005767368

Sudden Stops and IMF-Supported Programs

Eichengreen, Barry J.; Gupta, Poonam; Mody, Ashoka - International Monetary Fund (IMF) - 2006

Could a high-access, quick-disbursing "insurance facility" in the IMF help to reduce the incidence of sharp interruptions in capital flows ("sudden stops")? We contribute to the debate around this question by analyzing the impact of conventional IMF-supported programs on the incidence of sudden...

Persistent link: https://www.econbiz.de/10005826377

Evolution and Performance of Exchange Rate Regimes

Brooks, Robin; Rogoff, Kenneth; Mody, Ashoka; Oomes, Nienke - International Monetary Fund (IMF) - 2004

The issue of the appropriate exchange rate regime for individual countries has been perennially lively, and the role played by international capital flows and domestic financial systems in determining the performance of these regimes has gained prominence in the policy debate. Using recent...

Persistent link: https://www.econbiz.de/10005590922

Evolution and Performance of Exchange Rate Regimes

Husain, Aasim M.; Mody, Ashoka; Oomes, Nienke; Brooks, Robin - International Monetary Fund (IMF) - 2003

Using recent advances in the classification of exchange rate regimes, this paper finds no support for the popular bipolar view that countries will tend over time to move to the polar extremes of free float or rigid peg. Rather, intermediate regimes have shown remarkable durability. The analysis...

Persistent link: https://www.econbiz.de/10005599274

Can Domestic Policies Influence Inflation?

Mody, Ashoka; Ohnsorge, Franziska - International Monetary Fund (IMF) - 2007

trends, we find this to be especially the case in the countries of the eurozone, with their longer histories of product … eurozone economies, there may be limits on the use of fiscal and labor market policies to contain inflation. The new member … states may not have policy leverage to meet the Maastricht inflation limit necessary for entering the eurozone. Casestudies …

Persistent link: https://www.econbiz.de/10005605087