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Macroeconomic Implications of Financial Dollarization; The Case of Uruguay

Gelos, Gaston; Mejía, Alejandro López; Piñón-Farah, … - International Monetary Fund (IMF) - 2008

direct bearing on the ongoing efforts to move toward a fully fledged inflation-targeting regime and develop interest rates as …

Persistent link: https://www.econbiz.de/10011245904

The Role of the Exchange Rate in Inflation-Targeting Emerging Economies; Targeting Emerging Economies

Nordstrom, Anna; Roger, Scott; Stone, Mark R.; Shimizu, … - International Monetary Fund (IMF) - 2009

This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that … has become especially germane during the current episode of financial turmoil and volatile capital flows. Under inflation … targeting, the interest rate is the main monetary policy tool for influencing activity and inflation, and there is little …

Persistent link: https://www.econbiz.de/10011245907

Currency Convertibility and the Transformation of Centrally Planned Economies

Greene, Joshua E.; Isard, Peter - International Monetary Fund (IMF) - 1991

This paper examines the problems in establishing currency convertibility- and the optimal timing- in formerly planned economies making the transition to market-oriented systems.

Persistent link: https://www.econbiz.de/10005824848

Economic Stabilization and Growth in Portugal

Schmitt, Hans O. - International Monetary Fund (IMF) - 1981

This paper reviews economic stabilization and growth in Portugal during the 1970s. Following a decade of rapid growth with external equilibrium, the Portuguese economy in the early 1970s suffered a series of major shocks. The paper highlights that the problem of managing economic growth with a...

Persistent link: https://www.econbiz.de/10005824861

Stabilization and Reforms in Latin America; A Macroeconomic Perspective of the Experience Since the 1990s

Belaisch, Agnes; Collyns, Charles; Masi, Paula De; … - International Monetary Fund (IMF) - 2005

This study examines external and domestic influences on Latin Americaâ€™s economic performance over the past decade and a half. It notes that over the past few years, macroeconomic policies have strengthened and structural reforms have been implemented. Together with a favorable external...

Persistent link: https://www.econbiz.de/10005824870

Exchange Rate Policy in Developing Countries; Some Analytical Issues

Montiel, Peter; Aghevli, Bijan B.; Khan, Mohsin S. - International Monetary Fund (IMF) - 1991

This paper addresses analytical aspects of exchange rate policy and emphasizes the relationship among exchange rate flexibility, financial discipline, and international competitiveness.

Persistent link: https://www.econbiz.de/10005767344

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

International Monetary Fund (IMF); International … - 2005

Upon entry into the European Union, countries become members of the Economic and Monetary Union (EMU), with a 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...

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

Chile; Institutions and Policies Underpinning Stability and Growth

Kalter, Eliot; Phillips, Steven; Singh, Manmohan; … - International Monetary Fund (IMF) - 2004

This paper presents the primary institutions and economic policies that have led to Chileâ€™s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully...

Persistent link: https://www.econbiz.de/10005767351

Turkey at the Crossroads; From Crisis Resolution to EU Accession

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

levels. This paper reviews Turkeyâ€™s policy performance in terms of growth, inflation, debt, fiscal and financial sector …

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

Adopting Inflation Targeting; Practical Issues for Emerging Market Countries

Zelmer, Marc; Schaechter, Andrea - International Monetary Fund (IMF) - 2000

Persistent link: https://www.econbiz.de/10005767372