04137oam 22011414 450 991096875330332120250426110713.097866138281569781462306428146230642X978145276125114527612569781283515702128351570997814519085031451908504(CKB)3360000000443743(EBL)3014563(SSID)ssj0000939947(PQKBManifestationID)11570204(PQKBTitleCode)TC0000939947(PQKBWorkID)10947339(PQKB)10705433(OCoLC)694141281(MiAaPQ)EBC3014563(IMF)WPIEE2006054(IMF)WPIEA2006054WPIEA2006054(EXLCZ)99336000000044374320020129d2006 uf 0engur|n|---|||||txtccrTo Peg or Not to Peg : A Template for Assessing the Nobler /Aasim Husain1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (29 p.)IMF Working Papers"February 2006."9781451863147 1451863144 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. DE FACTO REGIMES IN KAZAKHSTAN AND PAKISTAN""; ""III. TEMPLATE""; ""IV. SCORECARD""; ""V. CONCLUSIONS""; ""References""This paper proposes a template for assessing whether or not a country's economic and financial characteristics make it an appropriate candidate for a pegged exchange rate regime. The template employs quantifiable measures of attributes-trade orientation, financial integration, economic diversification, macroeconomic stabilization, credibility, and "fear-offloating" type effects-that have been identified in the literature as key potential determinants of regime choice. To illustrate, the template is applied to Kazakhstan and Pakistan. The results indicate a fairly strong case against a pegged regime in Pakistan. The implications for Kazakhstan are mixed, although changes in that economy in recent years strengthen the case against a peg.IMF Working Papers; Working Paper ;No. 2006/054Foreign exchange ratesForeign exchange administrationCurrenciesimfCurrencyimfDeflationimfExchange rate adjustmentsimfExchange rate flexibilityimfExchange ratesimfForeign ExchangeimfForeign exchangeimfGovernment and the Monetary SystemimfInflationimfMacroeconomicsimfMonetary economicsimfMonetary SystemsimfMoney and Monetary PolicyimfMoneyimfPayment SystemsimfPrice LevelimfPricesimfRegimesimfStandardsimfPakistanimfForeign exchange rates.Foreign exchange administration.CurrenciesCurrencyDeflationExchange rate adjustmentsExchange rate flexibilityExchange ratesForeign ExchangeForeign exchangeGovernment and the Monetary SystemInflationMacroeconomicsMonetary economicsMonetary SystemsMoney and Monetary PolicyMoneyPayment SystemsPrice LevelPricesRegimesStandardsHusain Aasim1815611DcWaIMFBOOK9910968753303321To Peg or Not to Peg4372832UNINA