Lanterna Rally
eBook PDF Download Digital Library
Strengthening the International Monetary System
Author: Mr.Morris Goldstein
Publisher: International Monetary Fund
Published: 1987-02-26
Total Pages: 100
ISBN-13: 9780939934768
DOWNLOAD EBOOK →This report comprises three papers written by staff members of the Fund's Research Department on issues arising out of the reports on the international monetary system prepared in 1985 by the Group of Ten (representing the industrial countries participating in the General Arrangements to Borrow) and the intergovernmental Group of Twenty-Four on International Monetary Affairs. These two reports, which appear as appendices to this volume, were transmitted to the Interim Committee of the Fund's Board of Governors and were subsequently discussed by the Fund's Executive Board in early 1986.
Strengthening the International Monetary System
Author: Mr. Andrew Crockett
Publisher: International Monetary Fund
Published: 1987-02-26
Total Pages: 97
ISBN-13: 1452717710
DOWNLOAD EBOOK →This report comprises three papers written by staff members of the Fund's Research Department on issues arising out of the reports on the international monetary system prepared in 1985 by the Group of Ten (representing the industrial countries participating in the General Arrangements to Borrow) and the intergovernmental Group of Twenty-Four on International Monetary Affairs. These two reports, which appear as appendices to this volume, were transmitted to the Interim Committee of the Fund's Board of Governors and were subsequently discussed by the Fund's Executive Board in early 1986.
Treatment of Exchange Rate Issues in Bilateral Surveillance - A Stocktaking
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
Published: 2006-08-30
Total Pages: 25
ISBN-13: 1498332269
DOWNLOAD EBOOK →Review the quality of the Fund staff’s analysis and policy advice on exchange rate issues. The Fund is sometimes criticized for not taking a sufficiently clear position on several exchange rate issues, ranging from the assessment of the level of exchange rates to the description of exchange rate policies, and their adequacy. Is this criticism valid, and in what respect? Answering these questions is critical as exchange rate issues are at the heart of the Fund’s surveillance mandate.
Exchange Rate Analysis in Support of IMF Surveillance
Author: Mr.Charalambos G. Tsangarides
Publisher: International Monetary Fund
Published: 2008-09-08
Total Pages: 352
ISBN-13: 1589067282
DOWNLOAD EBOOK →Exchange rate analysis lies at the center of the IMF's surveillance mandate and policy advice, as well as in the design of IMF-supported programs, and IMF staff are called upon to analyze a wide variety of exchange rate issues in various member countries, both small and large, from the least economically developed to the most advanced, and from those whose currencies circulate only locally to those whose currencies are of global importance. Each year, IMF staff produce dozens of studies on exchange rate issues, some published by the IMF, others in various professional journals or books. This book aims to give a flavor of the topics the IMF staff typically examine under the broad rubric of exchange rate analysis, encompassing several topics: determination and impact of the real exchange rate, assessing competitiveness and the equilibrium real exchange rate in specific countries or country groups, and considerations in the choice of exchange rate regime.
The Role of the IMF
Author: Mr.Paul R. Masson
Publisher: International Monetary Fund
Published: 1996-12-04
Total Pages: 52
ISBN-13: 9781557755513
DOWNLOAD EBOOK →Against the background of the changing international economic environment, this pamphlet examines the general rationale for IMF financial support and the relationship between such support and IMF surveillance in carrying out the IMF's responsibility to seek to avoid and help to correct maladjustments in countries balance of payments. It analyzes the circumstances in which IMF financing continues to have an important role, draws possible lessons for the role of the IMF from the Mexican financial crisis, and discusses the future need for IMF resources.
Issues in the Assessment of the Exchange Rates of Industrial Countries
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 1984-07-08
Total Pages: 40
ISBN-13: 1455264725
DOWNLOAD EBOOK →In its surveillance activities, the Fund is frequently confronted with the difficult problem of how to identify exchange rate behavior that is unrelated to underlying economic and financial conditions and, consequently, should be viewed with concern from a national or international standpoint. This paper considers the various issues related to this problem as it pertains to industrial countries, both those that have independently floating exchange rates and those that operate under other exchange arrangements.
Floating Exchange Rates and the State of World Trade and Payments
Author: David Bigman
Publisher: Beard Books
Published: 2003-03
Total Pages: 356
ISBN-13: 9781587981296
DOWNLOAD EBOOK →Analyzes developments in the international monetary system since 1973, with anew added epilogue.
Flexible Exchange Rates for a Stable World Economy
Author: Joseph E. Gagnon
Publisher: Peterson Institute
Published: 2011
Total Pages: 301
ISBN-13: 0881326356
DOWNLOAD EBOOK →Volatile exchange rates and how to manage them are a contentious topic whenever economic policymakers gather in international meetings. This book examines the broad parameters of exchange rate policy in light of both high-powered theory and real-world experience. What are the costs and benefits of flexible versus fixed exchange rates? How much of a role should the exchange rate play in monetary policy? Why don't volatile exchange rates destabilize inflation and output? The principal finding of this book is that using monetary policy to fight exchange rate volatility, including through the adoption of a fixed exchange rate regime, leads to greater volatility of employment, output, and inflation. In other words, the "cure" for exchange rate volatility is worse than the disease. This finding is demonstrated in economic models, in historical case studies, and in statistical analysis of the data. The book devotes considerable attention to understanding the reasons why volatile exchange rates do not destabilize inflation and output. The book concludes that many countries would benefit from allowing greater flexibility of their exchange rates in order to target monetary policy at stabilization of their domestic economies. Few, if any, countries would benefit from a move in the opposite direction.
One Currency, Two Markets
Author: Edwin L.-C. Lai
Publisher: Cambridge University Press
Published: 2021-07-08
Total Pages: 347
ISBN-13: 1108491685
DOWNLOAD EBOOK →Economic analysis of the future of the international monetary system and the USD, and the rising importance of the RMB.
