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150128 ||| eng |
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|a 9781451861174
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100 |
1 |
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|a Hakura, Dalia
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245 |
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|a Are Emerging Market Countries Learning to Float?
|c Dalia Hakura
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2005
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300 |
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|a 34 pages
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651 |
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4 |
|a South Africa
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653 |
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|a State supervision
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653 |
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|a Exchange rate arrangements
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653 |
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|a Banks and banking
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653 |
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|a Monetary economics
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653 |
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|a Bank supervision
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653 |
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|a Currency
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653 |
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|a Monetary policy frameworks
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653 |
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|a Financial Institutions and Services: Government Policy and Regulation
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653 |
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|a Foreign Exchange
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653 |
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|a Banks and Banking
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653 |
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|a Exchange rate flexibility
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653 |
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|a Monetary policy
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653 |
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|a Exchange rates
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653 |
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|a Monetary Policy
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653 |
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|a Money and Monetary Policy
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653 |
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|a Financial services law & regulation
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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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856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2005/098/001.2005.issue-098-en.xml?cid=18224-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a The paper finds that exchange rate flexibility in emerging market countries has increased over the past decade. This "learning to float" appears to have involved a strengthening of monetary and financial policy frameworks aimed at directly addressing the key vulnerabilities that give rise to the "fear of floating." The results in the paper suggest that the trend toward greater exchange rate flexibility, alongside a strengthening of banking supervision, has afforded emerging market countries more monetary policy independence
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