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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 nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union levels. This paper reviews Turkey’s...
Persistent link: https://www.econbiz.de/10005767368
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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
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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
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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