Author: International Monetary Fund
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Policy Coordination in the European Monetary System. Part 1: The European Monetary System
Author: International Monetary Fund
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Policy Coordination in the European Money System - Part 1 - the European Monetary System - a Balance Between Rules and Discretion - Part 2 - Monetary Coordination Within the European Monetary System
Author: International Monetary Fund
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Policy Coordination in the European Monetary System
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781557750280
Category : Business & Economics
Languages : en
Pages : 100
Book Description
This chapter discusses various aspects of policy coordination in the European Monetary System (EMS). The purpose of the first paper in this chapter is to provide a survey of the process of European monetary integration, with focus on the EMS, its purposes, evolution, and the experience gathered since its establishment in early 1979. In its present stage of evolution, the EMS has developed a body of general institutional procedures to promote consistency among the policies and objectives of participating countries. The search for consistency inevitably gives rise to consequent constraints, such as those implicit in the specific rules on exchange rate and international reserve management that characterize the exchange rate mechanism (ERM). By drawing on an analysis of the role of monetary policy in balance of payments adjustment under different monetary systems and exchange rate arrangements, the second paper focuses on the crucial issues involved when an attempt is made to set rules for monetary policy coordination in a system of fixed but adjustable exchange rates such as the EMS.
Publisher: International Monetary Fund
ISBN: 9781557750280
Category : Business & Economics
Languages : en
Pages : 100
Book Description
This chapter discusses various aspects of policy coordination in the European Monetary System (EMS). The purpose of the first paper in this chapter is to provide a survey of the process of European monetary integration, with focus on the EMS, its purposes, evolution, and the experience gathered since its establishment in early 1979. In its present stage of evolution, the EMS has developed a body of general institutional procedures to promote consistency among the policies and objectives of participating countries. The search for consistency inevitably gives rise to consequent constraints, such as those implicit in the specific rules on exchange rate and international reserve management that characterize the exchange rate mechanism (ERM). By drawing on an analysis of the role of monetary policy in balance of payments adjustment under different monetary systems and exchange rate arrangements, the second paper focuses on the crucial issues involved when an attempt is made to set rules for monetary policy coordination in a system of fixed but adjustable exchange rates such as the EMS.
Policy Coordination in the European Monetary System
Author: Manuel Guitián
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
Book Description
The European Monetary System And European Monetary Union
Author: Michele Fratianni
Publisher: Routledge
ISBN: 1000301117
Category : Political Science
Languages : en
Pages : 248
Book Description
When the European Monetary System (EMS) was created in 1978, economists on both sides of the Atlantic predicted its early failure. Today, EMS is alive and well, continuing to defy conventional economic wisdom. The authors address three major questions about the European Monetary System (EMS): how it came into being, how it works and how it may evolve into a fully-fledged monetary union.
Publisher: Routledge
ISBN: 1000301117
Category : Political Science
Languages : en
Pages : 248
Book Description
When the European Monetary System (EMS) was created in 1978, economists on both sides of the Atlantic predicted its early failure. Today, EMS is alive and well, continuing to defy conventional economic wisdom. The authors address three major questions about the European Monetary System (EMS): how it came into being, how it works and how it may evolve into a fully-fledged monetary union.
Policy Coordination in the European Monetary System
Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781557750280
Category : Business & Economics
Languages : en
Pages : 100
Book Description
This chapter discusses various aspects of policy coordination in the European Monetary System (EMS). The purpose of the first paper in this chapter is to provide a survey of the process of European monetary integration, with focus on the EMS, its purposes, evolution, and the experience gathered since its establishment in early 1979. In its present stage of evolution, the EMS has developed a body of general institutional procedures to promote consistency among the policies and objectives of participating countries. The search for consistency inevitably gives rise to consequent constraints, such as those implicit in the specific rules on exchange rate and international reserve management that characterize the exchange rate mechanism (ERM). By drawing on an analysis of the role of monetary policy in balance of payments adjustment under different monetary systems and exchange rate arrangements, the second paper focuses on the crucial issues involved when an attempt is made to set rules for monetary policy coordination in a system of fixed but adjustable exchange rates such as the EMS.
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781557750280
Category : Business & Economics
Languages : en
Pages : 100
Book Description
This chapter discusses various aspects of policy coordination in the European Monetary System (EMS). The purpose of the first paper in this chapter is to provide a survey of the process of European monetary integration, with focus on the EMS, its purposes, evolution, and the experience gathered since its establishment in early 1979. In its present stage of evolution, the EMS has developed a body of general institutional procedures to promote consistency among the policies and objectives of participating countries. The search for consistency inevitably gives rise to consequent constraints, such as those implicit in the specific rules on exchange rate and international reserve management that characterize the exchange rate mechanism (ERM). By drawing on an analysis of the role of monetary policy in balance of payments adjustment under different monetary systems and exchange rate arrangements, the second paper focuses on the crucial issues involved when an attempt is made to set rules for monetary policy coordination in a system of fixed but adjustable exchange rates such as the EMS.
The European Monetary System
Author: Francesco Giavazzi
Publisher: Cambridge University Press
ISBN: 9780521389051
Category : Business & Economics
Languages : en
Pages : 452
Book Description
Recoge: 1. The international environment - 2. Disinflation, external adjustment and cooperation - 3. Exchange rates, capital mobility and monetary coordination - 4. The future og the European monetary system.
Publisher: Cambridge University Press
ISBN: 9780521389051
Category : Business & Economics
Languages : en
Pages : 452
Book Description
Recoge: 1. The international environment - 2. Disinflation, external adjustment and cooperation - 3. Exchange rates, capital mobility and monetary coordination - 4. The future og the European monetary system.
Monetary Policy Coordination in the European Monetary System
Author: Jürgen von Hagen
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
Book Description
The European Monetary System
Author: Paul de Grauwe
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 138
Book Description
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 138
Book Description
The European Monetary System
Author: Jacques van Ypersele
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 152
Book Description
Recoge: 1. International motives for the EEC iniative - 2. The EBB and flow of european monetary integration - 3. The EMS and the conditions for its proper operation - 4. Five years with EMS - 5. The furure of EMS.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 152
Book Description
Recoge: 1. International motives for the EEC iniative - 2. The EBB and flow of european monetary integration - 3. The EMS and the conditions for its proper operation - 4. Five years with EMS - 5. The furure of EMS.