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150128 ||| eng |
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|a 9781451846287
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| 100 |
1 |
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|a Bayoumi, Tamim
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| 245 |
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0 |
|a Who Needs Bands? Exchange Rate Policy Before Emu
|c Tamim Bayoumi
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1995
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| 300 |
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|a 20 pages
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| 651 |
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4 |
|a United States
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| 653 |
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|a Government and the Monetary System
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| 653 |
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|a Payment Systems
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| 653 |
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|a Exchange rate arrangements
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| 653 |
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|a International Monetary Arrangements and Institutions
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| 653 |
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|a Monetary economics
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| 653 |
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|a Currency; Foreign exchange
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| 653 |
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|a Regimes
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| 653 |
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|a Financial Aspects of Economic Integration
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| 653 |
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|a Factor Movement
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| 653 |
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|a Money
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Standards
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| 653 |
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|a Conventional peg
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| 653 |
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|a Foreign Exchange Policy
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| 653 |
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|a Exchange rate policy
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| 653 |
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|a Currencies
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| 653 |
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|a Monetary Systems
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| 653 |
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|a Development Planning and Policy: Trade Policy
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| 653 |
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|a Exchange rates
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Foreign exchange
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9781451846287.001
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| 856 |
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|u https://elibrary.imf.org/view/journals/001/1995/043/001.1995.issue-043-en.xml?cid=1339-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a Two issues are discussed. The first is which countries might benefit from entry into EMU before the millennium. Germany and her immediate neighbors appear the most likely to gain; however, our knowledge is too uncertain to say whether all, some, or no countries would reap net economic benefits. The second issue is how to avoid exchange rate instability in the transition to EMU. Experience from earlier exchange rate regimes suggests that an early announcement the parities at which different currencies would enter EMU could reduce such instability if governments were willing to accept the required limitations on domestic policies
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