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International Monetary Fund. European Dept.

Abstract

This report analyses the main economic developments and achievements in the Western Balkan countries, and lays out the key macroeconomic policy challenges for the future.

Ms. Elina Ribakova
,
Mr. BalƔzs HorvƔth
,
Mr. Dimitri G Demekas
, and
Mr. Yi Wu
Gravity factors explain a large part of Foreign Direct Investment (FDI) inflows in Southeastern Europe-a region not comprehensively covered before in econometric studies-but hostcountry policies also matter. Key are policies that affect relative unit labor costs, the corporate tax burden, infrastructure, and the trade regime. This paper develops the concept of potential FDI for each country, and uses its deviation from actual levels to estimate what policies can realistically be expected to achieve in terms of additional FDI. It also finds evidence that above a certain threshold, the importance of some policies for attracting FDI is distinctly different.
International Monetary Fund. Monetary and Capital Markets Department

Abstract

This 2002 Annual Report on Exchange Arrangements and Exchange Restrictions provides a detailed description of the exchange arrangements and exchange/trade restrictions of individual IMF member countries and Hong Kong Special Administrative Region, as well as Aruba and the Netherlands Antilles. The report highlights that the exchange rate of the Australian dollar is market determined. Licensed foreign exchange dealers may deal among themselves, with their customers, and with overseas counterparties at mutually negotiated rates for both spot and forward transactions in any currency with regard to trade- and nontrade-related transactions.

International Monetary Fund. Monetary and Capital Markets Department

Abstract

This 2001 Annual Report on Exchange Arrangements and Exchange Restrictions provides a detailed description of the exchange arrangements and exchange restrictions of individual member countries, as well as Aruba, the Netherlands Antilles, and Hong Kong Special Administrative Region. The report highlights that in the case of Algeria, the external value of the dinar is set at the interbank foreign exchange market rate. No margin limits are imposed on the buying and selling exchange rates in the interbank foreign exchange market.

International Monetary Fund. Monetary and Capital Markets Department

Abstract

The exchange and trade systems of IMF member countries are presented in this comprehensive volume in a tabular format. There is expanded coverage of the regulatory framework for capital movements. The information generally relates to the end of 1999 but also covers significant developments in early 2000. Published in Septermber.

International Monetary Fund. Monetary and Capital Markets Department

Abstract

The exchange and trade systems of IMF member countries are presented in this comprehensive volume in a tabular format. There is expanded coverage of the regulatory framework for capital movements. The information generally relates to the end of 1998 but also covers significant developments in early 1999. Published in September.

International Monetary Fund. Monetary and Capital Markets Department

Abstract

The exchange and trade systems of 184 IMF member countries are presented in this comprehensive volume in a tabular format. There is expanded coverage of the regulatory framework for capital movements. The information generally relates to the end of 1997 but also covers significant developments in early 1998. Published in September.

International Monetary Fund. Monetary and Capital Markets Department

Abstract

This 1997 Annual Report on Exchange Arrangements and Exchange Restrictions provides a detailed description of the exchange arrangements and exchange restrictions of individual member countries, including Hong Kong, China, for which the United Kingdom had accepted the IMF Articles of Agreement, and Aruba and the Netherlands Antilles, for which the Kingdom of the Netherlands has accepted the IMF Articles of Agreement. In general, the description relates to the exchange and trade systems as of the end of 1996, but in appropriate cases, reference is made to significant developments that took place in early 1997.

International Monetary Fund. Monetary and Capital Markets Department

Abstract

Published since 1950, this authoritative annual reference is based upon a unique IMF database that tracks exchange and trade arrangements for the 187 IMF member countries, along with Hong Kong SAR, Aruba, and CuraƧao and St Maarten. The Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER) draws together information on exchange measures in place, the structure and setting of exchange rates, arrangements for payments and receipts, procedures for resident and nonresident accounts, controls on capital transactions, and provisions specific to the financial sector. The 52 countries covered in this special supplement have been selected as those where expanded information on the regulatory framework for capital movements was readily available to the IMF. They include countries that participated in a pilot data collection project on the regulatory framework for capital transactions conducted by the IMF in 1996, and member countries of the OECD.