Varieties of Monetary Reforms /
This paper surveys three types of monetary arrangements. It considers how the choice of an exchange rate regime, the degree of central bank independence, or choice of currency unions or boards depends not only on economic considerations but also on political economy considerations. In economic terms...
| Main Authors: | , |
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1994
Washington, D.C. : International Monetary Fund 1994 [Place of publication not identified] 1994 |
| Series: | IMF Working Papers ;
Working Paper No. 94/57 IMF Working Papers; Working Paper ; no. 94/57 IMF eLibrary |
| Subjects: |
| Summary: | This paper surveys three types of monetary arrangements. It considers how the choice of an exchange rate regime, the degree of central bank independence, or choice of currency unions or boards depends not only on economic considerations but also on political economy considerations. In economic terms, the choice of monetary regime will depend on the policy that is best suited to reducing or stabilizing inflation. In political economy terms, the choice of monetary arrangement will ultimately depend on how independent a country wishes to be from shocks emanating from the rest of the world and the weight politicians attach to influencing economic conditions in their own country |
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| Item Description: | Bibliographic Level Mode of Issuance: Monograph |
| Physical Description: | 1 online resource (30 pages) |
| ISBN: | 1-4623-9138-9 1451967322 1451967322: 9781451967326 |
| ISSN: | 1018-5941 1018-5941 ; |
| Access: | Restricted for use by site license |