Moving to greater exchange rate flexibility : operational aspects based on lessons from detailed country experiences
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Bibliographic Information
Moving to greater exchange rate flexibility : operational aspects based on lessons from detailed country experiences
(Occasional paper / International Monetary Fund, no. 256)
International Monetary Fund, 2007
Available at 21 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
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Research Institute for Economics & Business Administration (RIEB) Library , Kobe University図書
332.042-130-256081200700057
Description and Table of Contents
Description
This overview of the concrete steps taken by a number of countries in transition to greater exchange rate flexibility elaborates on the key operational ingredients in promoting successful and durable transitions. What worked - and why - in moving to more flexible exchange rates is of great interest as some reluctance to let go of pegged exchange rates persists despite the benefits of flexibility. The challenges of developing the institutional and operational requirements to support a floating exchange rate, as well as difficulties in assessing the right time and manner to exit, tend to be additional complicating factors in this reluctance. This volume attempts to provide a better understanding of how: operational ingredients are established and coordinated; implementation interacts with macro conditions; and, specific operational decisions contribute to the smoothness of the transition.
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