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Autore: |
Husain Aasim
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Titolo: |
To Peg or Not to Peg : : A Template for Assessing the Nobler / / Aasim Husain
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Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica: | 1 online resource (29 p.) |
Soggetto topico: | Foreign exchange rates |
Foreign exchange administration | |
Foreign Exchange | |
Inflation | |
Money and Monetary Policy | |
Monetary Systems | |
Standards | |
Regimes | |
Government and the Monetary System | |
Payment Systems | |
Price Level | |
Deflation | |
Currency | |
Foreign exchange | |
Monetary economics | |
Macroeconomics | |
Exchange rates | |
Currencies | |
Exchange rate flexibility | |
Exchange rate adjustments | |
Money | |
Prices | |
Soggetto geografico: | Pakistan |
Note generali: | "February 2006." |
Nota di bibliografia: | Includes bibliographical references. |
Nota di contenuto: | ""Contents""; ""I. INTRODUCTION""; ""II. DE FACTO REGIMES IN KAZAKHSTAN AND PAKISTAN""; ""III. TEMPLATE""; ""IV. SCORECARD""; ""V. CONCLUSIONS""; ""References"" |
Sommario/riassunto: | 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. |
Titolo autorizzato: | To Peg or Not to Peg ![]() |
ISBN: | 1-4623-0642-X |
1-4527-6125-6 | |
1-283-51570-9 | |
1-4519-0850-4 | |
9786613828156 | |
Formato: | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910788406403321 |
Lo trovi qui: | Univ. Federico II |
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