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Author/Editor:
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Ghosh, Atish R. ; Ostry, Jonathan David ; Tsangarides, Charalambos G. ; International Monetary Fund. Research Dept.
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Publication Date:
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March 15, 2011
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Electronic Access:
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Link to Abstract
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Electronic Access:
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Link to Table of Contents
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Summary:
The member countries of the International Monetary Fund collaborate to try to assure orderly exchange arrangements and promote a stable system of exchange rates, recognizing that the essential purpose of the international monetary system is to facilitate the exchange of goods, services, and capital, and to sustain sound economic growth. The paper reviews the stability of the overall system of exchange rates by examining macroeconomic performance (inflation, growth, crises) under alternative exchange rate regimes; implications of exchange rate regime choice for interaction with the rest of the system (external adjustment, trade integration, capital flows); and potential sources of stress to the international monetary system.
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Order a print copy
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Series:
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Occasional Paper No. 270
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Subject(s):
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Exchange rate regimes | Financial stability | Foreign exchange | International monetary system | Monetary policy | Reserve currencies | Reserves accumulation | Trade integration
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English
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Publication Date:
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March 15, 2011
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ISBN/ISSN:
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978-1-58906-931-2 / 0251-6365
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Format:
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Paper
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Stock No:
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S270EA
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Pages:
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48
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Price:
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Please address any questions about this title to
publications@imf.org
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