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To peg or not to peg : a template for assessing the nobler /

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 diversif...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Husain, Aasim M. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, 2006.
Colección:IMF working paper ; WP/06/54.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Husain, Aasim M.,  |e author. 
245 1 0 |a To peg or not to peg :  |b a template for assessing the nobler /  |c prepared by Aasim M. Husain. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c 2006. 
300 |a 1 online resource (27 pages) 
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490 1 |a IMF working paper ;  |v WP/06/54 
504 |a Includes bibliographical references. 
588 0 |a Print version record. 
520 |a 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. 
505 0 |a Contents -- I. INTRODUCTION -- II. DE FACTO REGIMES IN KAZAKHSTAN AND PAKISTAN -- III. TEMPLATE -- IV. SCORECARD -- V. CONCLUSIONS -- References 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Foreign exchange rates. 
650 0 |a Foreign exchange administration. 
650 0 |a Money  |v Tables. 
650 6 |a Taux de change. 
650 6 |a Change  |x Administration. 
650 7 |a Money  |2 fast 
650 7 |a Foreign exchange administration  |2 fast 
650 7 |a Foreign exchange rates  |2 fast 
655 7 |a Tables  |2 fast 
830 0 |a IMF working paper ;  |v WP/06/54. 
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