Showing 1 - 10 of 80
different base currencies – the Deutsch mark, the Japanese yen, the British pound, and the US dollar. Design …
Persistent link: https://www.econbiz.de/10014863236
Purpose – The Iranian currency (rial) depreciated on average 12.2 per cent per annum against the US dollar during the period 1960‐1998 but, despite continued two‐digit rates of inflation, the rial has witnessed only a meagre 1.7 per cent fall in its value in the post‐1998 era. This paper...
Persistent link: https://www.econbiz.de/10014863278
Analyses how the status of balance of payments follows se\ill\ fulfilling expectations of currency devaluation. It is found that before a currency devaluation, whether the economy w\ill\ experience a balance‐of‐payments surplus or deficit crucial depends on the degree of capital mobility.
Persistent link: https://www.econbiz.de/10014863410
Controls on short‐term capital inflows or panic‐driven capital outflows may benefit emerging markets that have fragile financial sectors and adjustable‐peg currency regimes. However, the controls seen so far are relatively easy to evade, often complex and obscure, and supported by large...
Persistent link: https://www.econbiz.de/10014863908
Purpose – This paper aims to examine the feasibility of a Common Currency Area (CCA) among ten MENA (Middle East and North Africa) Countries. The ten sample countries constitute the six GCC Countries and the four Agadir nations. Design/methodology/approach – Macroeconomic data for the...
Persistent link: https://www.econbiz.de/10014788144
in August 2007 precipitated a change in the relationship between the currencies of the Baltic States and the Euro, such … before. The phase angles suggest some shift in money flows between the Baltic currencies and the Euro. With the Lat, the … various periodicies. Research limitations/implications – Spectral analysis reveals that bonding between currencies of ERMII …
Persistent link: https://www.econbiz.de/10014785347
Discusses the difficulties that lie in the way of moves towards monetary union in the European Community: convergence criteria, attitudes towards various forms of possible political union, German unification, the location and independence of an independent European Central Bank, “cohesion”...
Persistent link: https://www.econbiz.de/10014714666
Describes the findings of a study into sales approaches taken by car dealerships during the slump of the Philippine economy. Covers 287 respondents across 29 dealerships of Japanese manufacturers. Provides rationale for some of the actions taken such as expansion and new models. Suggests that...
Persistent link: https://www.econbiz.de/10014674500
Purpose – The purpose of this paper is to investigate inflation convergence within the East African Community (EAC) as it aspires to become a currency union. Design/methodology/approach – An unobserved dynamic factor model was used to decompose the variation in inflation into a component...
Persistent link: https://www.econbiz.de/10014758934
Purpose – Under the fixed exchange rate regime Fiji's currency, which is pegged to a basket of currencies of its major … expected to promote further interest in the studies of currencies of small island countries.  …
Persistent link: https://www.econbiz.de/10014805502