Evolution and Performance of Exchange Rate Regimes

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451875843
Total Pages : 85 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Evolution and Performance of Exchange Rate Regimes by : Mr.Kenneth Rogoff

Download or read book Evolution and Performance of Exchange Rate Regimes written by Mr.Kenneth Rogoff and published by International Monetary Fund. This book was released on 2003-12-01 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using recent advances in the classification of exchange rate regimes, this paper finds no support for the popular bipolar view that countries will tend over time to move to the polar extremes of free float or rigid peg. Rather, intermediate regimes have shown remarkable durability. The analysis suggests that as economies mature, the value of exchange rate flexibility rises. For countries at a relatively early stage of financial development and integration, fixed or relatively rigid regimes appear to offer some anti-inflation credibility gain without compromising growth objectives. As countries develop economically and institutionally, there appear to be considerable benefits to more flexible regimes. For developed countries that are not in a currency union, relatively flexible exchange rate regimes appear to offer higher growth without any cost in credibility.

Handbook of Small States

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Publisher : Routledge
ISBN 13 : 1351181831
Total Pages : 628 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Handbook of Small States by : Lino Briguglio

Download or read book Handbook of Small States written by Lino Briguglio and published by Routledge. This book was released on 2018-05-11 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook covers a wide spectrum of issues relating to small states. Chapters in the volume have been grouped under the three main themes of economic, social and environmental issues. The economics sections include chapters dealing with trade, finance and regulatory frameworks, while the social theme covers health, migration, population ageing, as well as overall social wellbeing. The environmental theme examines matters such as measuring environmental performance, natural disasters, the ocean economy, and the validity of the Sustainable Development Goals. One major issue is the definition of small states. As this volume demonstrates, generally speaking, population is used to measure country size in the literature. However, it clearly emerges that there is no real consensus as to the population cut-off point that distinguishes small states from large ones. While the approaches taken by the authors vary, in all cases the chapters draw practical policy implications for small states. The book can therefore be considered as a wide-ranging depositary of information on small states with the aim of deriving policy prescriptions, and thus as an excellent resource for academics, students and policymakers.

Macroeconomic Forces Transforming Economies in Africa

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Publisher : AJPO Journals USA LLC
ISBN 13 : 9914745806
Total Pages : 100 pages
Book Rating : 4.9/5 (147 download)

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Book Synopsis Macroeconomic Forces Transforming Economies in Africa by : YaAshe M. Bulama, Topbie Joseph Akeerebari, Ayilla V.N, Tafuteni Chusi, Ndanu Musyoka

Download or read book Macroeconomic Forces Transforming Economies in Africa written by YaAshe M. Bulama, Topbie Joseph Akeerebari, Ayilla V.N, Tafuteni Chusi, Ndanu Musyoka and published by AJPO Journals USA LLC. This book was released on 2023-11-22 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPICS IN THE BOOK Test of Price Volatility: A Case of the Nigerian Cattle Market Effect of Insufficient Currency in Circulation on the Rate of Inflation and Unemployment in Nigeria: The Buhari’s Administration Experience Technical Efficiency of Turmeric (Curcuma Longa L.) Production in Benue State, Nigeria Community Awareness of the Investment Opportunities in Dar es Salaam Stock Exchange Real Interest Rate, Inflation, Exchange Rate, Competitiveness and Foreign Direct Investment in Kenya

Neo-Transitional Economics

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Publisher : Emerald Group Publishing
ISBN 13 : 1784416819
Total Pages : 396 pages
Book Rating : 4.7/5 (844 download)

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Book Synopsis Neo-Transitional Economics by : Yusaf H. Akbar

Download or read book Neo-Transitional Economics written by Yusaf H. Akbar and published by Emerald Group Publishing. This book was released on 2015-03-11 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neo-transitional economics is a policy-oriented collection of contemporary theoretical and empirical research studies on transition countries in the post-crisis paradigm. Topics covered range from monetary and financial economics to international trade and formation of a welfare state.

Management of Foreign Exchange Risk

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Publisher : Routledge
ISBN 13 : 1000172546
Total Pages : 291 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Management of Foreign Exchange Risk by : Y. C. Lum

Download or read book Management of Foreign Exchange Risk written by Y. C. Lum and published by Routledge. This book was released on 2020-09-02 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a technical and specialised discussion of contemporary and emerging issues in foreign exchange and financial markets by addressing the issues of risk management and theory and hypothesis development, which have general implications for finance theory and foreign exchange market management. It offers an in-depth, comprehensive analysis of the issues concerning the volatility of exchange rates. The book has three main objectives. First, it applies the integrated study of exchange rate volatility in terms of depth and breadth. Second, it applies the integrated study of exchange rate volatility in Malaysia, as a case study of a developing country. Malaysia had imposed capital control measures in the past and has now liberalised its exchange rate market and will continue to liberalise it further in the long run. Hence, the need to understand exchange rate volatility measurement and management will be even more important in the future. Third, the book highlights new conditional volatility models for a developing country, such as Malaysia, and develops advanced econometric models which have produced results for sound risk management strategies and for achieving risk management in the financial market and the economy. Additionally, the authors recommend risk management themes which may be of relevance to other developing countries. This work can be used as a reference book by fund managers, financial market analysts, researchers, academics, practitioners, policy makers and postgraduate students in the areas of finance, accounting, business and financial economics. It can also be a supplementary text for Ph.D. and Masters’ students in these areas.

Advancing Regional Monetary Cooperation

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Publisher : Springer
ISBN 13 : 1137427213
Total Pages : 315 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis Advancing Regional Monetary Cooperation by : L. Mühlich

Download or read book Advancing Regional Monetary Cooperation written by L. Mühlich and published by Springer. This book was released on 2014-08-29 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines regional monetary cooperation as a strategy to enhance macroeconomic stability in developing countries and emerging markets. Interdisciplinary case studies on Southern Africa, Southeast Asia and South America provide a cross-regional perspective on the viability of such strategy.

Capital Mobility

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Publisher : Cambridge University Press
ISBN 13 : 9780521454384
Total Pages : 400 pages
Book Rating : 4.4/5 (543 download)

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Book Synopsis Capital Mobility by : Leonardo Leiderman

Download or read book Capital Mobility written by Leonardo Leiderman and published by Cambridge University Press. This book was released on 1994-07-14 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume examines capital mobility in both industrialised and developing countries.

One Market, One Money

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Author :
Publisher :
ISBN 13 : 9780198773245
Total Pages : 356 pages
Book Rating : 4.7/5 (732 download)

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Book Synopsis One Market, One Money by : Michael Emerson

Download or read book One Market, One Money written by Michael Emerson and published by . This book was released on 1992 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Community is negotiating a new treaty to establish the constitutional foundations of an economic and monetary union in the course of the 1990s. This study provides the only comprehensive guide to the economic implications of economic and monetary union. The work of an economist inside the Commission of the European Community, it reflects the considerations influencing the design of the union. The study creates a unique bridge between the insights of modern economic analysis and the work of the policy makers preparing for economic and monetary union.

Health Benefits of Energy-Rich Natural Plants

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Publisher : AJPO Journals USA LLC
ISBN 13 : 9914745830
Total Pages : 77 pages
Book Rating : 4.9/5 (147 download)

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Book Synopsis Health Benefits of Energy-Rich Natural Plants by : Romel E. Guzmán A, Grace Waweru, Olaoye Sunday Francis, Adetuwo Olagunju Johnson, Oraka Cecilia Ogechukwu

Download or read book Health Benefits of Energy-Rich Natural Plants written by Romel E. Guzmán A, Grace Waweru, Olaoye Sunday Francis, Adetuwo Olagunju Johnson, Oraka Cecilia Ogechukwu and published by AJPO Journals USA LLC. This book was released on 2023-11-22 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPICS IN THE BOOK Potential Use of Sesame (Sesamum Indicum L.) Oil and Sesame Oil Cake in the Development of Spreadable Cocoa Cream A Cross Sectional Analysis of Dietary Practices and Nutrition Status of Female Undergraduate Students at Kenyatta University, Kenya Exploring the Potentials of Underutilized African Nuts (Black Walnuts and Almonds) for Nutrition and Diseases Evaluation of the Microbiological Quality and Safety of Pupuru and Garri on Sale at Okitipupa Main Market in Ondo State, Nigeria Effect of Heat Processing Treatments on the Chemical Composition and Functional Properties of Lima Bean (Phaseolus Lunatus) Flour

Annual Report on Exchange Arrangements and Exchange Restrictions 2014

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498335179
Total Pages : 188 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Annual Report on Exchange Arrangements and Exchange Restrictions 2014 by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 2014 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2014-10-09 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the 65th issue of the AREAER. It provides a description of the foreign exchange arrangements, exchange and trade systems, and capital controls of all IMF member countries. It also provides information on the operation of foreign exchange markets and controls on international trade. It describes controls on capital transactions and measures implemented in the financial sector, including prudential measures. In addition, it reports on exchange measures imposed by member countries for security reasons. A single table provides a snapshot of the exchange and trade systems of all IMF member countries. The Overview describes in detail how the general trend toward foreign exchange liberalization continued during 2013, alongside a strengthening of the financial sector regulatory framework. A Special Topic essay examines the dynamics and evolution of capital flows. The AREAER is available in several formats. The Overview in print and online, and the detailed information for each of the 191 member countries and territories is included on a CD that accompanies the printed Overview and in an online database, AREAER Online. In addition to the information on the exchange and trade system of IMF member countries in 2013, AREAER Online contains historical data published in previous issues of the AREAER. It is searchable by year, country, and category of measure and allows cross country comparisons for time series.

Economic and Financial Review

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Author :
Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Economic and Financial Review by :

Download or read book Economic and Financial Review written by and published by . This book was released on 2011 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Open Economy Macromodel: Past, Present and Future

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9781402071621
Total Pages : 364 pages
Book Rating : 4.0/5 (716 download)

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Book Synopsis The Open Economy Macromodel: Past, Present and Future by : Arie Arnon

Download or read book The Open Economy Macromodel: Past, Present and Future written by Arie Arnon and published by Springer Science & Business Media. This book was released on 2002-09-30 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Open Economy Macromodel: Past, Present And Future has two main objectives. The first is to assess the state of play of the Open Economy Macromodel by bringing together those who developed it with those who apply it today. The second is to assess possible directions for its future development. The volume is divided into three parts. Part one focuses on the models, men, and institutions involved in the development of the international macroeconomic model. In this section, the contributors examine the two monetary approaches to the balance of payments, as well as the relationship between long-term fluctuations in real exchange rates and inflation. Part two deals with the present state of the models by looking at Robert Mundell's theory of optimum currency areas (OCAs) and its relationship with key currencies. The chapters in this section also consider the impact of exchange rate variability on labor markets, as well as the interactions between theoretical developments and real-world behavior in the open economy macromodel. The third and last part of this volume provides a perspective on the future by looking at alternate models and institutional perspectives. Several contributors examine the relationship between asset prices, the real exchange rate, and unemployment in a small economy via what they call "a medium-run structuralist perspective". The future of institutional structures necessary to conduct international economic policy is the subject of the last chapters in part three of the volume.

Monthly Bulletin

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Publisher :
ISBN 13 :
Total Pages : 662 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Monthly Bulletin by :

Download or read book Monthly Bulletin written by and published by . This book was released on 2007 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Coordination of Monetary and Fiscal Policies

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Publisher : International Monetary Fund
ISBN 13 : 1451844239
Total Pages : 33 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Coordination of Monetary and Fiscal Policies by : International Monetary Fund

Download or read book Coordination of Monetary and Fiscal Policies written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-03-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.

Handbook of Exchange Rates

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Publisher : John Wiley & Sons
ISBN 13 : 1118445775
Total Pages : 674 pages
Book Rating : 4.1/5 (184 download)

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Book Synopsis Handbook of Exchange Rates by : Jessica James

Download or read book Handbook of Exchange Rates written by Jessica James and published by John Wiley & Sons. This book was released on 2012-05-29 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Handbook of Exchange Rates “This book is remarkable. I expect it to become the anchor reference for people working in the foreign exchange field.” —Richard K. Lyons, Dean and Professor of Finance, Haas School of Business, University of California Berkeley “It is quite easily the most wide ranging treaty of expertise on the forex market I have ever come across. I will be keeping a copy close to my fingertips.” —Jim O’Neill, Chairman, Goldman Sachs Asset Management How should we evaluate the forecasting power of models? What are appropriate loss functions for major market participants? Is the exchange rate the only means of adjustment? Handbook of Exchange Rates answers these questions and many more, equipping readers with the relevant concepts and policies for working in today’s international economic climate. Featuring contributions written by leading specialists from the global financial arena, this handbook provides a collection of original ideas on foreign exchange (FX) rates in four succinct sections: • Overview introduces the history of the FX market and exchange rate regimes, discussing key instruments in the trading environment as well as macro and micro approaches to FX determination. • Exchange Rate Models and Methods focuses on forecasting exchange rates, featuring methodological contributions on the statistical methods for evaluating forecast performance, parity relationships, fair value models, and flow–based models. • FX Markets and Products outlines active currency management, currency hedging, hedge accounting; high frequency and algorithmic trading in FX; and FX strategy-based products. • FX Markets and Policy explores the current policies in place in global markets and presents a framework for analyzing financial crises. Throughout the book, topics are explored in-depth alongside their founding principles. Each chapter uses real-world examples from the financial industry and concludes with a summary that outlines key points and concepts. Handbook of Exchange Rates is an essential reference for fund managers and investors as well as practitioners and researchers working in finance, banking, business, and econometrics. The book also serves as a valuable supplement for courses on economics, business, and international finance at the upper-undergraduate and graduate levels.

Regional Trading Blocs in the World Economic System

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Author :
Publisher : Peterson Institute
ISBN 13 : 9780881322026
Total Pages : 392 pages
Book Rating : 4.3/5 (22 download)

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Book Synopsis Regional Trading Blocs in the World Economic System by : Jeffrey A. Frankel

Download or read book Regional Trading Blocs in the World Economic System written by Jeffrey A. Frankel and published by Peterson Institute. This book was released on 1997 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers trends from 1957 to 1995.

Dealing with Multiple Currencies in Transitional Economies

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Publisher :
ISBN 13 : 9789715618700
Total Pages : 0 pages
Book Rating : 4.6/5 (187 download)

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Book Synopsis Dealing with Multiple Currencies in Transitional Economies by : Giovanni Capannelli

Download or read book Dealing with Multiple Currencies in Transitional Economies written by Giovanni Capannelli and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the transitional economies of Cambodia, the Lao People's Democratic Republic, and Viet Nam (the CLV countries), foreign currencies such as the US dollar commonly circulate in addtion to the local currency. National authorities must consider the costs and benefits of such a system, especially in relation to monetary and exchange policies' effect on their development priorities. "This pioneering study is an important contribution to understanding the underpinnings of the Mekong economies' dynamism...Highly recommended." -- Hal Hill, H.W. Arndt Professor of Southeast Asian Economies, Austratlian National University While dealing with multiple currencies is ultimately an issue of national economic policy, the CLV countries could benefit from greater regional cooperation on monetary and financial issues. They would be able to exploit economies of scale, introduce best practices, and facilitate the adoption of common regulatory standards. Greater regional dialogue on monetary policy could also help the CLV countries find a solution to the so-called multiple-currency phenomenon and reap more benefits from their increasing regional economic interdependence. This study, conducted by a team of economists from the Asian Development Bank, academics, and personnel from CLV finance ministries and central banks, explores the issues of multiple currencies and regional monetary cooperation among the economies of the Association of Southeast Asian Nations (ASEAN) in the context of increasing regional economic interdependence. It reviews the main issues related to the monetary and exchange rate policy decisions taken by CLV national authorities, and discusses the options and opportunities available for enhancing monetary and financial stability in the ASEAN region.