Browse

You are looking at 51 - 60 of 60 items :

  • Occasional Papers x
  • Keywords: central bank x
Clear All
V Operational Issues in Dollarized Economies

V Operational Issues in Dollarized Economies »

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

This section first reviews how monetary policy implementation and payments system arrangements have been adjusted in light of heavy dollarization and then discusses the implications of dollarization for prud...

VI Financial Soundness and Macroeconomic Stability: A Bank Balance Sheet Approach

VI Financial Soundness and Macroeconomic Stability: A Bank Balance Sheet Approach »

Source: Financial Fragilities in Latin America : The 1980s and 1990s

Series: Occasional Papers

Author(s): Steven Weisbrod , and Liliana Rojas-Suárez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 1995

ISBN: 9781557755025

Keywords: banking, banking system, central bank, foreign exchange, reserve requirements

This section focuses on the macroeconomic consequences of banks’ performance. Specifically, it analyzes the extent to which the sustainability of a widely implemented type of stabilization program in Latin A...

VI Measures to Affect Dollarization

VI Measures to Affect Dollarization »

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 prerequisite to containing dollarization in an economy is always a sound macroeconomic policy. Also, institutional arrangements that bolster confidence in the maintenance of price stability—such as an in...

VI Public Debt Dynamics and Fiscal Adjustment

VI Public Debt Dynamics and Fiscal Adjustment »

Source: Managing Financial Crises : Recent Experience and Lessons for Latin America

Series: Occasional Papers

Author(s): G. Kincaid , and Charles Collyns

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062085

Keywords: Latin America, monetary policy, inflation, banking, debt restructuring, central bank

Paying careful attention to public debt dynamics can provide advance warning of potential solvency and liquidity problems. The IMF’s new debt sustainability framework can make an effective contr...

VI Role of the IMF

VI Role of the IMF »

Source: Lessons from the Crisis in Argentina

Series: Occasional Papers

Author(s): Christina Daseking , Atish Ghosh , Timothy Lane , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 February 2005

ISBN: 9781589063594

Keywords: exchange rate, currency board, central bank, debt dynamics, public debt

In light of the gravity of the crisis that unfolded while the country was engaged in a succession of IMF-supported programs it is not surprising that the IMF has come under harsh criticism for its involvemen...

VII Conclusions

VII Conclusions »

Source: Lessons from the Crisis in Argentina

Series: Occasional Papers

Author(s): Christina Daseking , Atish Ghosh , Timothy Lane , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 February 2005

ISBN: 9781589063594

Keywords: exchange rate, currency board, central bank, debt dynamics, public debt

To a striking degree, Argentina’s crisis involved vulnerabilities that were already present or indeed were building up during the boom years of the 1990s—when the country was widely viewed as a star performe...

VII Corporate Debt Restructuring in the Wake of Economic Crisis

VII Corporate Debt Restructuring in the Wake of Economic Crisis »

Source: Managing Financial Crises : Recent Experience and Lessons for Latin America

Series: Occasional Papers

Author(s): G. Kincaid , and Charles Collyns

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062085

Keywords: Latin America, monetary policy, inflation, banking, debt restructuring, central bank

Financial crises frequently result in considerable financial and corporate sector distress, requiring a broad policy response that includes a corporate debt restructuring strategy. The immediate...

VII Program Design in the Presence of Dollarization

VII Program Design in the Presence of Dollarization »

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

In light of the principal recommendations from the preceding analysis (Table 5), this section briefly reviews the design of recent IMF-supported programs in countries with dollarized economies. The main find...

VIII Applying the Prague Framework in Crisis Resolution

VIII Applying the Prague Framework in Crisis Resolution »

Source: Managing Financial Crises : Recent Experience and Lessons for Latin America

Series: Occasional Papers

Author(s): G. Kincaid , and Charles Collyns

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062085

Keywords: Latin America, monetary policy, inflation, banking, debt restructuring, central bank

Important lessons have been learned from recent experience in applying the Prague Framework—a strategy aimed at fostering the constructive engagement of the private sector creditors in crisis re...

VIII Conclusions

VIII Conclusions »

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

Dollarization comprises various financial assets and motivations. In part, it is a result of increased integration of capital markets with the rest of the world, but it may also represent a flight from domes...