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Currency Convertibility and the Fund Review and Prognosis

This paper reviews experience with currency convertibility on both the current and capital accounts, with particular attention to the Fund’s concepts and policy implications. After discussing the basic concepts of convertibility, the paper reviews the experience with convertibility in three groups o...

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Bibliographic Details
Main Author: Galbis, Vicente
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1996
Series:IMF Working Papers
Subjects:
Current Account
Short-term Capital Movements
Currency; Foreign Exchange
Current Account Adjustment
Balance Of Payments
Long-term Capital Movements
Multiple Currency Practices
Exports And Imports
International Economics
Capital Flows
Foreign Exchange
Capital Controls
Capital Movements
Exchange Restrictions
International Investment
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper reviews experience with currency convertibility on both the current and capital accounts, with particular attention to the Fund’s concepts and policy implications. After discussing the basic concepts of convertibility, the paper reviews the experience with convertibility in three groups of Fund members--industrial countries, developing countries, and transition countries. The paper also discusses some policy options designed to encourage acceptance of convertibility by Fund members that have not yet done so
Physical Description:64 pages
ISBN:9781451845785

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