1.

Record Nr.

UNISA996211423703316

Titolo

Bondweek : a publication of Institutional Investor

Pubbl/distr/stampa

New York, N.Y., : Wall Street Letter, ©1981-

Descrizione fisica

1 online resource

Disciplina

332/.05

Soggetti

Finance

Bonds

Periodicals.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Periodico

Note generali

Title from masthead.

2.

Record Nr.

UNINA9910961253803321

Autore

Orsmond David

Titolo

Pacific Island Countries : : Possible Common Currency Arrangement / / David Orsmond, Christopher Browne

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

9786613820587

9781462335671

1462335675

9781452708768

1452708762

9781282392151

1282392158

9781451909470

1451909470

Edizione

[1st ed.]

Descrizione fisica

1 online resource (20 p.)

Collana

IMF Working Papers

Altri autori (Persone)

BrowneChristopher

Soggetti

Monetary unions - Islands of the Pacific

Money - Islands of the Pacific

Currencies

Currency

Development Planning and Policy: Trade Policy

Exchange rate arrangements



Exchange rate policy

Exchange rates

Exports and Imports

Factor Movement

Financial Aspects of Economic Integration

Foreign Exchange Policy

Foreign Exchange

Foreign exchange

Government and the Monetary System

International economics

Monetary economics

Monetary Systems

Monetary unions

Money and Monetary Policy

Money

Payment Systems

Regimes

Standards

Papua New Guinea

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"October 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. ECONOMIC CHARACTERISTICS AND EXCHANGE RATE POLICY IN THE PACIFIC REGION ""; ""III. COMMON CURRENCY AREAS: EXPERIENCE IN OTHER REGIONS""; ""IV. ISSUES IN THE CONSIDERATION OF A COMMON CURRENCY AREA IN THE PACIFIC REGION""; ""V. CONCLUDING REMARKS""; ""References""

Sommario/riassunto

This paper examines the potential advantages and disadvantages of adopting a common currency arrangement among the six IMF member Pacific island countries that have their own national currency. These countries are Fiji, Papua New Guinea, Samoa, Solomon Islands, Tonga, and Vanuatu. The study explains that the present exchange rate regimes-comprising pegging to a basket of currencies for five countries and the floating arrangement for Papua New Guinea-have generally succeeded in avoiding inflationary, balance of payments, external debt, and financial system problems. The study concludes that adopting a common currency in the Pacific would require greater convergence of domestic policies and substantial strengthening of regional policies, which would take time to achieve.