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Currency Convertibility in the Middle East and North Africa

Currency Convertibility in the Middle East and North Africa »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 1996

DOI: http://dx.doi.org/10.5089/9781557755643.071

ISBN: 9781557755643

Keywords: exchange rate, foreign exchange, currency convertibility, exchange controls, exchange rates

Currency convertibility is a far-reaching instrument to facilitate integration into the global economy. With it a country can gain the benefits of increased freedom in capital movements and of fostering trade and f...

The IMF and the World Bank
			: How Do They Differ?

The IMF and the World Bank : How Do They Differ? »

Series: Other Statistical Electronic Products

Author(s): David Driscoll

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

DOI: http://dx.doi.org/10.5089/9781557754059.038

ISBN: 9781557754059

Keywords: balance of payments, exchange rate, exchange rates, debt crisis, foreign exchange, domestic currency, balance of payment, central banks, flexible exchange rates, exchange reserves

This paper discusses how the IMF and the World Bank differ from each other. The IMF is small and, unlike the World Bank, has no affiliates or subsidiaries. Most IMF staff members work at headquarters in Washington,...

1 Overview

1 Overview »

Source: Currency Convertibility in the Middle East and North Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 1996

ISBN: 9781557755643

Keywords: exchange rate, foreign exchange, currency convertibility, exchange controls, exchange rates

Currency convertibility—defined in the broadest sense as the right to convert freely and without limit a currency into any other at the prevailing exchange rate—is t...

2 Opening Remarks

2 Opening Remarks »

Source: Currency Convertibility in the Middle East and North Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 1996

ISBN: 9781557755643

Keywords: exchange rate, foreign exchange, currency convertibility, exchange controls, exchange rates

Omar Kabbaj * It is an honor and a genuine pleasure for me to deliver the opening remarks today for this seminar on currency convertibi...

3 Concepts and Degrees of Currency Convertibility

3 Concepts and Degrees of Currency Convertibility »

Source: Currency Convertibility in the Middle East and North Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 1996

ISBN: 9781557755643

Keywords: exchange rate, foreign exchange, currency convertibility, exchange controls, exchange rates

Currency convertibility has always been a fundamental notion in international economic relations. Yet, since the abandonment of the Bretton Woods par value regime, a...

4 Current Account Convertibility: Anachronism or Transition?

4 Current Account Convertibility: Anachronism or Transition? »

Source: Currency Convertibility in the Middle East and North Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 1996

ISBN: 9781557755643

Keywords: exchange rate, foreign exchange, currency convertibility, exchange controls, exchange rates

In a world where goods, services, and financial markets have become increasingly integrated, it is argued that current account convertibility has become an anachroni...

5 Experience with Exchange Controls in the Arab Countries

5 Experience with Exchange Controls in the Arab Countries »

Source: Currency Convertibility in the Middle East and North Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 1996

ISBN: 9781557755643

Keywords: exchange rate, foreign exchange, currency convertibility, exchange controls, exchange rates

Reliance upon exchange controls and restrictions played an important part in the economic policies of the Arab countries, with the exception of the Gulf Cooperation...

6 Currency Convertibility in Tunisia

6 Currency Convertibility in Tunisia »

Source: Currency Convertibility in the Middle East and North Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 1996

ISBN: 9781557755643

Keywords: exchange rate, foreign exchange, currency convertibility, exchange controls, exchange rates

This paper reviews the experience of Tunisia in liberalizing its exchange system and highlights the steps envisaged for the future in decontrolling further the excha...

7 The Exchange System in Morocco

7 The Exchange System in Morocco »

Source: Currency Convertibility in the Middle East and North Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 1996

ISBN: 9781557755643

Keywords: exchange rate, foreign exchange, currency convertibility, exchange controls, exchange rates

The recent changes in the world economy have led most countries to seek growth and development for their economies through international trade. These changes, which...

8 Experiences of Morocco, Tunisia, Jordan, and Egypt with Currency Convertibility

8 Experiences of Morocco, Tunisia, Jordan, and Egypt with Currency Convertibility »

Source: Currency Convertibility in the Middle East and North Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 1996

ISBN: 9781557755643

Keywords: exchange rate, foreign exchange, currency convertibility, exchange controls, exchange rates

In recent years, the issue of currency convertibility has received increasing attention in the economic literature, especially in articles from the staff of the Inte...