| Description |
v, 42 pages : illustrations ; 28 cm |
| Series |
Occasional paper / International Monetary Fund ; 270 |
|
Occasional paper (International Monetary Fund) ; no. 270
|
| Contents |
Overview -- Introduction -- Countries' choice of exchange rate regime -- Sources of systemic stress -- Conclusions |
| Summary |
The member countries of the International Monetary Fund collaborate to try to assure orderly exchange arrangements and promote a stable system of exchange rates, recognizing that the essential purpose of the international monetary system is to facilitate the exchange of goods, services, and capital, and to sustain sound economic growth. The paper reviews the stability of the overall system of exchange rates by examining macroeconomic performance (inflation, growth, crises) under alternative exchange rate regimes; implications of exchange rate regime choice for interaction with the rest of the system (external adjustment, trade integration, capital flows); and potential sources of stress to the international monetary system.--Publisher's description |
| Bibliography |
Includes bibliographical references (pages 40-42) |
| Subject |
Currency question.
|
|
Foreign exchange.
|
| Author |
Ostry, Jonathan David, 1962-
|
|
Tsangarides, Charalambos G.
|
|
International Monetary Fund.
|
| ISBN |
9781589069312 paperback |
|
1589069315 paperback |
|
