Browse

You are looking at 51 - 60 of 111 items :

  • Business and Economy x
  • Keywords: exchange x
Clear All
III Varieties and Economic Effects of Quasi-Fiscal Activities

III Varieties and Economic Effects of Quasi-Fiscal Activities »

Source: Quasi-Fiscal Operations of Public Financial Institutions

Series: Occasional Papers

Author(s): George Mackenzie , and Peter Stella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 1996

ISBN: 9781557755834

Keywords: central bank, inflation, monetary fund, central banks, exchange rate

The quasi-fiscal activities of a central bank stem from its roles as regulator of the exchange system and regulator of the financial system. The QFA of other PFIs takes the form of interventions in the finan...

Exchange Rate Regimes in Selected Advanced Transition Economies
			: Coping with Transition, Capital Inflows, and EU Accession

Exchange Rate Regimes in Selected Advanced Transition Economies : Coping with Transition, Capital Inflows, and EU Accession »

Volume/Issue: 2000/3

Series: IMF Policy Discussion Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2000

DOI: http://dx.doi.org/10.5089/9781451974119.003

ISBN: 9781451974119

Keywords: Estonia, Exchange rate regimes, European Union, Capital inflows, Czech Republic, Czech Republic, Hungary, Poland, Slovenia, Transition economies

Since beginning economic transition, the Czech Republic, Estonia, Hungary, Poland, and Slovenia have—with much success—employed diverse exchange rate regimes. As these countries approach EU accession,...

Exchange Rates in Central Europe
			: A Blessing or a Curse?

Exchange Rates in Central Europe : A Blessing or a Curse? »

Volume/Issue: 2004/2

Series: IMF Working Papers

Author(s): Louis Kuijs , and Alain Borghijs

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2004

DOI: http://dx.doi.org/10.5089/9781451841794.001

ISBN: 9781451841794

Keywords: Czech Republic, Exchange rates, Foreign exchange, Hungary, Poland, Slovak Republic, Slovenia, structural VAR, accession, CECs

Central European accession countries (CECs) are currently considering when to adopt the euro. From the perspective of macroeconomic stabilization, the cost or benefit of giving up a flexible exchange rate depends o...

IV Accomplishing an Orderly Exit

IV Accomplishing an Orderly Exit »

Source: Exit Strategies : Policy Options for Countries Seeking Exchange Rate Flexibility

Series: Occasional Papers

Author(s): Barry Eichengreen , Inci Ötker , A. Hamann , Esteban Jadresic , R. Johnston , Hugh Bredenkamp , and Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 1998

ISBN: 9781557757340

Keywords: exchange rate, inflation, exchange rate regime, monetary policy, monetary fund

As documented in Appendix II, the clear majority of exits have taken place in periods of speculative pressure and have been associated with adverse economic outcomes and an apparent loss of cred...

IV Disorderly Transitions

IV Disorderly Transitions »

Source: Moving to Greater Exchange Rate Flexibility : Operational Aspects Based on Lessons from Detailed Country Experiences

Series: Occasional Papers

Author(s): Inci Ötker

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2007

ISBN: 9781589066243

Keywords: Floating exchange rates, exchange rate, inflation, monetary policy, central bank, exchange rate flexibility

Brazil (1999) 1 In Brazil, the transition to a floating exchange rate regime involved a crisis exit. After four years in place, the col...

IV Exchange Rate Policy

IV Exchange Rate Policy »

Source: Poland : The Path to a Market Economy

Series: Occasional Papers

Author(s): Charalambos Christofides , Paul Mylonas , Inci Ötker , Liam Ebrill , Gerd Schwartz , and Ajai Chopra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1994

ISBN: 9781557754110

Keywords: interest, exchange rate, debt, payments, inflation

One of the choices facing countries in transition to a market economy concerns which exchange rate regime to adopt. In general, the selection made has reflected, among other things, the individual country’s...

IV Implications for Policy

IV Implications for Policy »

Source: Quasi-Fiscal Operations of Public Financial Institutions

Series: Occasional Papers

Author(s): George Mackenzie , and Peter Stella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 1996

ISBN: 9781557755834

Keywords: central bank, inflation, monetary fund, central banks, exchange rate

When quasi-fiscal activity is prevalent, the conventional measures of fiscal activity, such as the NFPS borrowing requirement or the deficit of the central government, are misleading indicators of the stance...

IV. Modernization of the National Bank of Poland

IV. Modernization of the National Bank of Poland »

Source: National Bank of Poland : The Road to Indirect Instruments

Series: Occasional Papers

Author(s): Piero Ugolini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 November 1996

ISBN: 9781557756022

Keywords: national bank, banking, foreign exchange, open market operations, central bank

The economic program of stabilization, which started in early 1990, was designed to reduce inflation and create an environment in which a market-based economic system might thrive. The maintenance o...

IV Monetary and Exchange Rate Policy in a Dollarized Economy

IV Monetary and Exchange Rate Policy in a Dollarized Economy »

Source: Monetary Policy in Dollarized Economies

Series: Occasional Papers

Author(s): Adam Bennett , Eduardo Borensztein , and Tomás Baliño

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1999

ISBN: 9781557757579

Keywords: central bank, exchange rate, currency substitution, inflation, dollarization

The phenomenon of dollarization poses a challenge to the pursuit of a coherent and independent monetary policy. In responding to this challenge, the authorities must address two key questions about the condu...

IV Performance of the Banking Sector

IV Performance of the Banking Sector »

Source: Financial Sector Reforms and Exchange Arrangements in Eastern Europe

Series: Occasional Papers

Author(s): Guillermo Calvo , Eduardo Borensztein , Paul Masson , and Manmohan Kumar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 1993

ISBN: 9781557752796

Keywords: exchange rate, foreign exchange, banking, equity markets, banking system

One of the key problems facing the newly constituted commercial banks is the poor quality of loan portfolios. This section discusses the problem and suggests several approaches for dealing with...