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Most popular at the top
- International Monetary Fund 1997; US$ 7.50
Robert Mundell's pioneering theory of optimum currency areas is revisited, with experts from the IMF, the BIS, the European Investment Bank, academia, European think tanks, and the Bank of Israel looking at its current practical applications, especially in the context of the forthcoming European Economic and Monetary Union (EMU). Robert Mundell himself... more...
- International Monetary Fund 1988; US$ 3.75
This paper describes and analyzes forward market systems with varying degrees of sophistication, and assesses them from the viewpoint of a smaller industrial or developing country. The paper examines the main features of forward exchange systems, including their regulation, and market instruments in industrial countries. It describes and analyzes... more...
- International Monetary Fund 1988; US$ 3.75
This paper provides a survey of the process of European monetary integration, with particular focus on the European Monetary System (EMS), its purposes, evolution, and the experience gathered since its establishment in early 1979. It summarizes the broad criteria advanced in the literature to guide the choice of the scope of monetary regime and the... more...
- International Monetary Fund 1992; US$ 7.50
How can international monetary stability be promoted? This study looks at ways to bolster economic policies and coordination among the industrial countries serving as nominal anchors for the world economy. It also assesses the operation of monetary unions and common currency areas. The authors conclude that problems with the world monetary system... more...
Putting the Cart Before the Horse? Capital Account Liberalization and Exchange Rate Flexibility in ChinaInternational Monetary Fund 2005; US$ 7.50
This paper reviews the issues involved in moving towards greater exchange rate flexibility and capital account liberalization in China. A more flexible exchange rate regime would allow China to operate a more independent monetary policy, providing a useful buffer against domestic and external shocks. At the same time, weaknesses in China?s financial... more...
- Edward Elgar Publishing 2004; US$ 40.00
This book provides a much-needed re-examination of monetary and fiscal policies, their application in the real world and their potential for macroeconomic policy in the 21st century. It provides a detailed discussion and critique of the 'new consensus' in macroeconomics along with the monetary and fiscal policies encapsulated within it. more...
- International Monetary Fund 1993; US$ 7.50
This paper explores the experience of six countries (Chile, Colombia, Egypt, Mexico, Spain and Thailand) with capital inflows. It illustrates that although capital inflows are usually beneficial, too great an inflow can become a problem and make it difficult for authorities to choose the appropriate policy response. more...
- Palgrave Macmillan 2001; US$ 53.00
In recent years the UK's macroeconomic policy framework has undergone a period of radical reform so as to deliver the economic stability necessary to achieve high levels of growth and employment. This book provides a comprehensive account of these reforms, which constitute a new and innovative approach to policy making. Radical changes to the monetary... more...
- International Monetary Fund 2008; US$ 15.50
The region's prospects continue to be promising, but global developments pose increased risks to the outlook. Growth in sub-Saharan Africa should again average about 6½ percent in 2008 with oil exporters leading the way; meanwhile, growth in oil importers is expected to taper off, though only modestly. With food and energy prices still rising, inflation... more...
- International Monetary Fund 2011; US$ 17.50
Sub-Saharan Africa's economic recovery is well under way, although among country groups there is variation in the speed of the recovery. In most of the region's low-income countries and among the seven oil exporters growth is almost back to precrisis levels. However, in the region's middle-income countries, including South Africa, the recovery has... more...