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Autore: |
Orsmond David
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Titolo: |
Pacific Island Countries : : Possible Common Currency Arrangement / / David Orsmond, Christopher Browne
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Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2006 |
Edizione: | 1st ed. |
Descrizione fisica: | 1 online resource (20 p.) |
Soggetto topico: | Monetary unions - Islands of the Pacific |
Money - Islands of the Pacific | |
Exports and Imports | |
Foreign Exchange | |
Money and Monetary Policy | |
Monetary Systems | |
Standards | |
Regimes | |
Government and the Monetary System | |
Payment Systems | |
Financial Aspects of Economic Integration | |
Development Planning and Policy: Trade Policy | |
Factor Movement | |
Foreign Exchange Policy | |
Monetary economics | |
Currency | |
Foreign exchange | |
International economics | |
Currencies | |
Monetary unions | |
Exchange rate arrangements | |
Exchange rate policy | |
Exchange rates | |
Money | |
Soggetto geografico: | Papua New Guinea |
Altri autori: |
BrowneChristopher
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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. |
Titolo autorizzato: | Pacific Island Countries ![]() |
ISBN: | 1-4623-3567-5 |
1-4527-0876-2 | |
1-282-39215-8 | |
9786613820587 | |
1-4519-0947-0 | |
Formato: | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910809283403321 |
Lo trovi qui: | Univ. Federico II |
Opac: | Controlla la disponibilità qui |