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Appendix I. Measurement and Accounting Issues

Appendix I. Measurement and Accounting Issues »

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

Various problems that arise in defining QFA, and in measuring the quasi-fiscal component of the operations of central banks and other PFIs, were briefly discussed in the text, as were the difficulties that c...

Appendix II Varieties of Country Experience

Appendix II Varieties of Country Experience »

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

This appendix describes a variety of QFAs that have been practiced in IMF member countries. Its intent is to give a flavor of the many forms that such practices can take; the countries whose experience is ci...

Appendix III Five Country Case Studies

Appendix III Five Country Case Studies »

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

Uruguay The history of QFA in the central bank and certain other PFIs since the early 1970s 50 can be divided roughly into three periods: the first,...

Caribbean Approaches to Economic Stabilization

Caribbean Approaches to Economic Stabilization »

Source: Caribbean Approaches to Economic Stabilization

Volume/Issue: 2000/73

Series: IMF Working Papers

Author(s): Alvin Hilaire

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2000

ISBN: 9781451849455

Keywords: stabilization, exchange rate, debt, interest, taxes, payments

In the late 1980s Barbados, Guyana, Jamaica, and Trinidad and Tobago found themselves in severe economic difficulties. Their ensuing economic strategies were all market-based, featured fiscal contraction and trade...

Exchange Market Reform, Inflation, and Fiscal Deficits

Exchange Market Reform, Inflation, and Fiscal Deficits »

Source: Exchange Market Reform, Inflation, and Fiscal Deficits

Volume/Issue: 1995/78

Series: IMF Working Papers

Author(s): E. Ucer , and Pierre-Richard Agénor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1995

ISBN: 9781451850062

Keywords: foreign exchange, exchange rate, parallel exchange rate, official exchange rate

This paper examines the short- and long-run effects of exchange market reform in developing countries. The first part reviews the recent experience of Guyana, India, Jamaica, Kenya, Sierra Leone, and Sri Lanka with...

Exchange Rate Reform and Structural Disturbances in a Dual Exchange Rate Economy

Exchange Rate Reform and Structural Disturbances in a Dual Exchange Rate Economy »

Source: Exchange Rate Reform and Structural Disturbances in a Dual Exchange Rate Economy

Volume/Issue: 1988/99

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 November 1988

ISBN: 9781451948752

Keywords: exchange rate, exchange markets, price level, exchange rates, dual exchange rate

This paper analyzes the implications of devaluation and a variety of structural disturbances in a dual exchange rate economy. A key feature of the model developed is its explicit recognition of both private (fraudu...

Floating Exchange Rates in Developing Countries
			: Experience with Auction and Interbank Markets

Floating Exchange Rates in Developing Countries : Experience with Auction and Interbank Markets »

Series: Occasional Papers

Author(s): Kyong Huh , Benedicte Christensen , Peter Quirk , and Toshihiko Sasaki

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1987

DOI: http://dx.doi.org/10.5089/9780939934898.084

ISBN: 9780939934898

Keywords: foreign exchange, exchange rate, exchange rates, floating exchange rate, floating exchange rates

In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates. This development has represented a significant step forward in the evolution toward exchange rat...

Back Matter

Back Matter »

Source: Floating Exchange Rates in Developing Countries : Experience with Auction and Interbank Markets

Series: Occasional Papers

Author(s): Kyong Huh , Benedicte Christensen , Peter Quirk , and Toshihiko Sasaki

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1987

ISBN: 9780939934898

Keywords: foreign exchange, exchange rate, exchange rates, floating exchange rate, floating exchange rates

In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates. This development has represented a significant step forward in the evolution toward exchange rat...

Front Matter

Front Matter »

Source: Floating Exchange Rates in Developing Countries : Experience with Auction and Interbank Markets

Series: Occasional Papers

Author(s): Kyong Huh , Benedicte Christensen , Peter Quirk , and Toshihiko Sasaki

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1987

ISBN: 9780939934898

Keywords: foreign exchange, exchange rate, exchange rates, floating exchange rate, floating exchange rates

In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates. This development has represented a significant step forward in the evolution toward exchange rat...

I Introduction

I Introduction »

Source: Floating Exchange Rates in Developing Countries : Experience with Auction and Interbank Markets

Series: Occasional Papers

Author(s): Kyong Huh , Benedicte Christensen , Peter Quirk , and Toshihiko Sasaki

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1987

ISBN: 9780939934898

Keywords: foreign exchange, exchange rate, exchange rates, floating exchange rate, floating exchange rates

In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates. This development has represented a significant step forward in...