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2 Adjustment and Internal-External Balance

2 Adjustment and Internal-External Balance »

Source: Macroeconomic Management : Programs and Policies

Series: Books

Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2002

ISBN: 9781589060944

Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates

This chapter provides a framework for determining the appropriate mix of monetary, fiscal, and exchange rate policies for correcting macroeconomic imbalances. It discusses the design of macroeconomic adjustm...

Appendix I: Statistical Tables

Appendix I: Statistical Tables »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

Table 1. Quotas and Ceilings Under the Short-Term Monetary Support and Medium-Term Financial Assistance Facilities...

Appendix II: Legal Texts

Appendix II: Legal Texts »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

I. Excerpts from Single European Act Preamble … Whereas at their Conference in Paris from 19 to 21 October 1972 the Heads of State or of Government app...

9 Assessment of the Fiscal Balance

9 Assessment of the Fiscal Balance »

Source: Macroeconomic Management : Programs and Policies

Series: Books

Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2002

ISBN: 9781589060944

Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates

One of the primary goals of fiscal policy is to contribute to price stabilization in the context of a sustainable balance of payments. 1 To attain this objective, public sector fi...

1 Bretton Woods

1 Bretton Woods »

Source: The IMF in a Changing World, 1945-85

Series: Books

Author(s): Margaret De Vries

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1986

ISBN: 9780939934652

Keywords: exchange rates, monetary system, exchange rate, inflation, international monetary system

The Bretton Woods Conference of July 1–22, 1944 was one of the most successful conferences of the twentieth century and a landmark in world economic history. Four decades later, eco...

CHAPTER 1 Choice of Exchange Rate Regime for a Smaller Economy: A Survey of Some Key Issues

CHAPTER 1 Choice of Exchange Rate Regime for a Smaller Economy: A Survey of Some Key Issues »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

Introduction Since the collapse of Bretton Woods in early 1973 a smaller country has had the option of adopting a potentially wide variety of exchange rate policies. A first option i...

CHAPTER 6 Credibility and Asymmetries in the EMS

CHAPTER 6 Credibility and Asymmetries in the EMS »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

I. Introduction In light of the skepticism with which it was initially received, the European Monetary System (EMS) has surprised many by the sheer fact of its survival. Indeed, the...

CHAPTER 3 Exchange Rate Experiences of Small EMS Countries: Belgium, Denmark, and the Netherlands

CHAPTER 3 Exchange Rate Experiences of Small EMS Countries: Belgium, Denmark, and the Netherlands »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

In this paper we address issues relating to the exchange rate policies of the small European Monetary System (EMS) countries since 1979. We will consider whether these policies have...

CHAPTER 5 Exchange Rate Policy in Advanced Commodity-Exporting Countries: Australia and New Zealand

CHAPTER 5 Exchange Rate Policy in Advanced Commodity-Exporting Countries: Australia and New Zealand »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

I. Introduction Exchange rate policy in Australia and New Zealand in the 1970s and 1980s was characterized by extremes. During the 1970s and the first half of the 1980s, both countri...

CHAPTER 4 Exchange Rate Policy, Inflation, and Unemployment: The Nordic EFTA Countries*

CHAPTER 4 Exchange Rate Policy, Inflation, and Unemployment: The Nordic EFTA Countries* »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

I. Introduction Since the breakdown of the Bretton Woods system in 1971 and the subsequent Smithsonian agreement in 1973, the Governments of the Nordic member countries of the Europe...