|
|
|
|
LEADER |
02336nmm a2200553 u 4500 |
001 |
EB000928609 |
003 |
EBX01000000000000000722205 |
005 |
00000000000000.0 |
007 |
cr||||||||||||||||||||| |
008 |
150128 ||| eng |
020 |
|
|
|a 9781451927900
|
100 |
1 |
|
|a Iqbal, Zubair
|
245 |
0 |
0 |
|a External Stability Under Alternative Nominal Exchange Rate Anchors
|b An Application to the GCC Countries
|c Zubair Iqbal, S. Erbas
|
260 |
|
|
|a Washington, D.C.
|b International Monetary Fund
|c 1997
|
300 |
|
|
|a 36 pages
|
651 |
|
4 |
|a Kuwait
|
653 |
|
|
|a Government and the Monetary System
|
653 |
|
|
|a Payment Systems
|
653 |
|
|
|a Balance of trade
|
653 |
|
|
|a Short-term Capital Movements
|
653 |
|
|
|a Regimes
|
653 |
|
|
|a Monetary economics
|
653 |
|
|
|a Current Account Adjustment
|
653 |
|
|
|a Trade balance
|
653 |
|
|
|a Open Economy Macroeconomics
|
653 |
|
|
|a Currency
|
653 |
|
|
|a Trade: General
|
653 |
|
|
|a Exports and Imports
|
653 |
|
|
|a International economics
|
653 |
|
|
|a Money
|
653 |
|
|
|a Foreign Exchange
|
653 |
|
|
|a Standards
|
653 |
|
|
|a International trade
|
653 |
|
|
|a Exports
|
653 |
|
|
|a Currencies
|
653 |
|
|
|a Monetary Systems
|
653 |
|
|
|a Empirical Studies of Trade
|
653 |
|
|
|a Exchange rates
|
653 |
|
|
|a Money and Monetary Policy
|
653 |
|
|
|a Imports
|
653 |
|
|
|a Foreign exchange
|
700 |
1 |
|
|a Erbas, S.
|
041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
|
|
|b IMF
|a International Monetary Fund
|
490 |
0 |
|
|a IMF Working Papers
|
028 |
5 |
0 |
|a 10.5089/9781451927900.001
|
856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/1997/008/001.1997.issue-008-en.xml?cid=2060-com-dsp-marc
|x Verlag
|3 Volltext
|
082 |
0 |
|
|a 330
|
520 |
|
|
|a Import and export stability is examined under two alternative nominal exchange rate anchors, the U.S. dollar and the SDR. Stability under the two pegs depends critically on import and export elasticity with respect to exchange rates. The implications of import and export elasticity for an optimal currency basket are also explored. The elasticity estimates for the GCC countries suggest that the SDR peg may not outperform the dollar peg in improving external stability. Nevertheless, switching to some other nominal exchange rate anchor may improve external stability, a possibility that remains to be explored
|