Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : ru
Pages : 94
Book Description
Macroeconomic Management and the Black Market for Foregin Exchange in Sudan
Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : ru
Pages : 94
Book Description
Publisher: World Bank Publications
ISBN:
Category :
Languages : ru
Pages : 94
Book Description
Macroeconomic Management and the Black Market for Foreign Exchange in Sudan
Author: Ibrahim Elbadawi
Publisher: World Bank Publications
ISBN:
Category : Black market
Languages : en
Pages : 100
Book Description
High exchange rate premiums make controlling inflation more difficult and hurt both official exports and tax revenue from foreign trade. A high premium also accelerates capital flight.
Publisher: World Bank Publications
ISBN:
Category : Black market
Languages : en
Pages : 100
Book Description
High exchange rate premiums make controlling inflation more difficult and hurt both official exports and tax revenue from foreign trade. A high premium also accelerates capital flight.
The Supply Response to Exchange Rate Reform in Sub-Saharan Africa
Author: Mustapha Rouis
Publisher: World Bank Publications
ISBN:
Category : Devaluation of currency
Languages : en
Pages : 96
Book Description
Publisher: World Bank Publications
ISBN:
Category : Devaluation of currency
Languages : en
Pages : 96
Book Description
The Parallel Foreign Exchange Market and Macroeconomic Performance in Ethiopia
Author: Deresse Degefa
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 66
Book Description
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 66
Book Description
Parallel Exchange Rates in Developing Countries
Author: Miguel A. Kiguel
Publisher: Springer
ISBN: 1349255203
Category : Business & Economics
Languages : en
Pages : 411
Book Description
'...the most definitive study of the subject, assembling an all-star cast to address the many outstanding questions and succeeding beyond expectations in combining elegant theory and state of the art econometrics to reach very sensible policy conclusions.' - Mohsin S. Khan, Deputy Director, Research Department, International Monetary Fund ' This book fills an important vacuum in the literature of the economic consequences of parallel markets and should prove of great value to students of economic development and to policy-makers in developing countries as they struggle to reform their exchange rate and trade incentive systems. Here they will find all that they need to know.' - Vittorio Corbo, Professor of Economics, Universidad Catolica de Chile 'A most comprehensive treatment of the relationships between parallel foreign exchange markets and macroeconomic policies, both across countries and over time. The book substantially enhances our understanding of how these systems work in practice and will be of great interest to policy-makers, researchers and graduate students of economic policy.' - Samuel M. Wangwe, Professor of Economics, University of Dar es Salaam and Executive Director, Economic and Social Research Foundation, Dar es Salaam, Tanzania This book examines extensive empirical evidence on the macroeconomic implications of parallel exchange rates in developing countries. Eight case-studies from Africa, Latin America, and Turkey provide detailed evidence on the emergence of parallel exchange rates, their impact on macroeconomic performance, and the criteria for successful exchange-rate unification. A chapter on European dual exchange rates summarizes the contrasting experience of industrial countries. An overview chapter lays out the analytical framework, assesses the evidence, and draws policy conclusions.
Publisher: Springer
ISBN: 1349255203
Category : Business & Economics
Languages : en
Pages : 411
Book Description
'...the most definitive study of the subject, assembling an all-star cast to address the many outstanding questions and succeeding beyond expectations in combining elegant theory and state of the art econometrics to reach very sensible policy conclusions.' - Mohsin S. Khan, Deputy Director, Research Department, International Monetary Fund ' This book fills an important vacuum in the literature of the economic consequences of parallel markets and should prove of great value to students of economic development and to policy-makers in developing countries as they struggle to reform their exchange rate and trade incentive systems. Here they will find all that they need to know.' - Vittorio Corbo, Professor of Economics, Universidad Catolica de Chile 'A most comprehensive treatment of the relationships between parallel foreign exchange markets and macroeconomic policies, both across countries and over time. The book substantially enhances our understanding of how these systems work in practice and will be of great interest to policy-makers, researchers and graduate students of economic policy.' - Samuel M. Wangwe, Professor of Economics, University of Dar es Salaam and Executive Director, Economic and Social Research Foundation, Dar es Salaam, Tanzania This book examines extensive empirical evidence on the macroeconomic implications of parallel exchange rates in developing countries. Eight case-studies from Africa, Latin America, and Turkey provide detailed evidence on the emergence of parallel exchange rates, their impact on macroeconomic performance, and the criteria for successful exchange-rate unification. A chapter on European dual exchange rates summarizes the contrasting experience of industrial countries. An overview chapter lays out the analytical framework, assesses the evidence, and draws policy conclusions.
Recognizing Reality—Unification of Official and Parallel Market Exchange Rates
Author: Mr.Simon T Gray
Publisher: International Monetary Fund
ISBN: 1513568639
Category : Business & Economics
Languages : en
Pages : 45
Book Description
Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for current account transactions at that price. A parallel exchange rate market develops, in such circumstances; and when the spread between the official and parallel rates is both substantial and sustained, price levels in the economy typically reflect the parallel market exchange rate. “Recognizing reality” by allowing economic agents to use a market clearing rate benefits economic activity without necessarily leading to more inflation. But a unified, market-clearing exchange rate will not stabilize without a supportive fiscal and monetary context. A number of country case studies are included; my thanks to Jie Ren for pulling together all the data for the country case studies, and the production of the charts.
Publisher: International Monetary Fund
ISBN: 1513568639
Category : Business & Economics
Languages : en
Pages : 45
Book Description
Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for current account transactions at that price. A parallel exchange rate market develops, in such circumstances; and when the spread between the official and parallel rates is both substantial and sustained, price levels in the economy typically reflect the parallel market exchange rate. “Recognizing reality” by allowing economic agents to use a market clearing rate benefits economic activity without necessarily leading to more inflation. But a unified, market-clearing exchange rate will not stabilize without a supportive fiscal and monetary context. A number of country case studies are included; my thanks to Jie Ren for pulling together all the data for the country case studies, and the production of the charts.
The Political Economy of Economic Growth in Africa, 1960-2000
Author: B. J. Ndulu
Publisher: Cambridge University Press
ISBN: 0521878497
Category : Business & Economics
Languages : en
Pages : 992
Book Description
Volume 2 of an analysis of the economic development of Sub-Saharan Africa, 1960-2000.
Publisher: Cambridge University Press
ISBN: 0521878497
Category : Business & Economics
Languages : en
Pages : 992
Book Description
Volume 2 of an analysis of the economic development of Sub-Saharan Africa, 1960-2000.
World Bank Adjustment Lending and Economic Performance in Sub-Saharan Africa in the 1980s
Author: Ibrahim Elbadawi
Publisher: World Bank Publications
ISBN:
Category : Loans, Foreign
Languages : en
Pages : 104
Book Description
Publisher: World Bank Publications
ISBN:
Category : Loans, Foreign
Languages : en
Pages : 104
Book Description
Parallel Exchange Rates in Developing Countires Lessons from Eight Case Studies
Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 62
Book Description
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 62
Book Description
Economic Challenges facing Middle Eastern and North African Countries
Author: Nemat Shafik
Publisher: Springer
ISBN: 1349261246
Category : Business & Economics
Languages : en
Pages : 272
Book Description
An authoritative analysis of economic performance in Middle Eastern and North African countries are presented by scholars in the region. The papers focus on the implications of changes in the world economy, in the role of the private sector, and in the need for human resource development. Country studies are presented for Egypt, the economies of the Gulf Cooperation Council, Iran, Jordan, Lebanon, Morocco, Palestine, Sudan, Syria, Tunisia, and Turkey.
Publisher: Springer
ISBN: 1349261246
Category : Business & Economics
Languages : en
Pages : 272
Book Description
An authoritative analysis of economic performance in Middle Eastern and North African countries are presented by scholars in the region. The papers focus on the implications of changes in the world economy, in the role of the private sector, and in the need for human resource development. Country studies are presented for Egypt, the economies of the Gulf Cooperation Council, Iran, Jordan, Lebanon, Morocco, Palestine, Sudan, Syria, Tunisia, and Turkey.