{
  "title": "Characteristics of a Successful Exchange Rate System",
  "publication": "Occasional Papers, June 15, 1991",
  "sourceUrl": "https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/characteristics-of-a-successful-exchange-rate-system-274",
  "canonical": "https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/characteristics-of-a-successful-exchange-rate-system-274",
  "overlayPath": "/en/publications/occasional-papers/issues/2016/12/30/characteristics-of-a-successful-exchange-rate-system-274/index.md",
  "summary": "This study identifies the key characteristics of a successful exchange rate system. It focuses on regimes in the industrial countries and consider the implications for the operation of the international monetary system.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- This study identifies the key characteristics of a successful exchange rate system.\n- It focuses on regimes in the industrial countries and consider the implications for the operation of the international monetary system."
    },
    {
      "heading": "Authors and Publication",
      "content": "- By Paul R Masson, Morris Goldstein, Jacob A. Frenkel\n- June 15, 1991\n- Series: Occasional Paper No. 1991/013\n- Issue: 013"
    },
    {
      "heading": "Key findings and focus areas",
      "content": "- Identifies key characteristics of a successful exchange rate system.\n- Focuses on:\n  - regimes in the industrial countries\n  - implications for the operation of the international monetary system"
    },
    {
      "heading": "Subjects",
      "content": "- Balance of payments\n- Conventional peg\n- Current account\n- Current account imbalances\n- Exchange rates\n- Foreign exchange\n- International monetary system\n- Managed exchange rates\n- Money\n- Price stabilization\n- Prices\n- Real effective exchange rates\n- Real exchange rates"
    },
    {
      "heading": "Keywords",
      "content": "- Asia and Pacific\n- Australia and New Zealand\n- Conventional peg\n- Current account\n- Current account imbalances\n- current account position\n- Europe\n- exchange rate commitment\n- exchange rate system\n- Exchange rates\n- Global\n- International monetary system\n- Managed exchange rates\n- monetary policy\n- OP\n- policy\n- policy coordination\n- Price stabilization\n- Real exchange rates\n- SDR shrink\n- Southeast Asia\n\n---\n\n\nSource: https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/characteristics-of-a-successful-exchange-rate-system-274"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/occasional-papers/issues/2016/12/30/characteristics-of-a-successful-exchange-rate-system-274/index.md)",
    "[Structured JSON version](/en/publications/occasional-papers/issues/2016/12/30/characteristics-of-a-successful-exchange-rate-system-274/index.json)",
    "[Bundle manifest](/en/publications/occasional-papers/issues/2016/12/30/characteristics-of-a-successful-exchange-rate-system-274/bundle-manifest.json)",
    "Authors: Paul R Masson, Morris Goldstein, Jacob A. Frenkel",
    "Published: June 15, 1991",
    "Series: Occasional Papers",
    "Volume: 1991",
    "Issue: 013",
    "Pages: 45",
    "Stock No: S082EA0000000",
    "ISBN: 9781557752154",
    "ISSN: 0251-6365",
    "This study identifies the key characteristics of a successful exchange rate system.",
    "It focuses on regimes in the industrial countries and consider the implications for the operation of the international monetary system.",
    "By Paul R Masson, Morris Goldstein, Jacob A. Frenkel",
    "June 15, 1991",
    "Series: Occasional Paper No. 1991/013",
    "Issue: 013",
    "Identifies key characteristics of a successful exchange rate system.",
    "Focuses on:",
    "Balance of payments",
    "Conventional peg",
    "Current account",
    "Current account imbalances",
    "Exchange rates",
    "Foreign exchange",
    "International monetary system",
    "Managed exchange rates",
    "Money",
    "Price stabilization",
    "Prices",
    "Real effective exchange rates",
    "Real exchange rates",
    "Asia and Pacific",
    "Australia and New Zealand",
    "Conventional peg",
    "Current account",
    "Current account imbalances",
    "current account position",
    "Europe",
    "exchange rate commitment",
    "exchange rate system",
    "Exchange rates",
    "Global",
    "International monetary system",
    "Managed exchange rates",
    "monetary policy",
    "OP",
    "policy",
    "policy coordination",
    "Price stabilization",
    "Real exchange rates",
    "SDR shrink",
    "Southeast Asia"
  ],
  "alternates": {
    "markdown": "/en/publications/occasional-papers/issues/2016/12/30/characteristics-of-a-successful-exchange-rate-system-274/index.md",
    "json": "/en/publications/occasional-papers/issues/2016/12/30/characteristics-of-a-successful-exchange-rate-system-274/index.json",
    "bundleManifest": "/en/publications/occasional-papers/issues/2016/12/30/characteristics-of-a-successful-exchange-rate-system-274/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-20T17:42:23.493Z"
}
