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Front Matter

Front Matter »

Source: L'art difficile de prévoir les crises économiques

Series: Economic Issues

Author(s): Catherine Pattillo , and Andrew Berg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 February 2001

Language: French

ISBN: 9781557758859

Keywords: early warning, warning system, early warning system, financial markets, currency crises, international reserves, international financial markets, overvaluation, financial institutions, real exchange rate overvaluation

The integration of financial markets around the world over the past decade has posed new challenges for policymakers. The speed with which money can be switched in and out of currencies and countries has increased...

6 The Framework of Monetary Policy

6 The Framework of Monetary Policy »

Source: Macroeconomic Management : Programs and Policies

Series: Books

Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2002

ISBN: 9781589060944

Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates

This chapter describes a general framework for formulating monetary policy. The first part describes the objectives of monetary policy, the instruments available to attain those objectives, the basic element...

11 The Long-Run Equilibrium Real Exchange Rate: Theory and Measurement

11 The Long-Run Equilibrium Real Exchange Rate: Theory and Measurement »

Source: Macroeconomic Management : Programs and Policies

Series: Books

Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2002

ISBN: 9781589060944

Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates

A central focus of the macroeconomic policy advice that developing and transition economies have received over the past decade has been the importance of “getting prices right.” For transition economies this...

Trade Liberalization in Developing Countries

Trade Liberalization in Developing Countries »

Source: IMF Staff papers : Volume 38 No. 3

Volume: 38

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451973136

Keywords: current account, real exchange, real exchange rate, exchange rate, trade liberalization

Trade liberalization in developing countries is frequently opposed on the grounds that, because it is likely to cause a deterioration in the external balance, it may not be a viable policy option for countries faci...