Holdings: Exchange Market Reform, Inflation, and Fiscal Deficits

Exchange Market Reform, Inflation, and Fiscal Deficits:

This paper examines the short- and long-run effects of exchange market reform in developing countries. The first part reviews the recent experience of Guyana, India, Jamaica, Kenya, Sierra Leone, and Sri Lanka with exchange market reform. The second part studies analytically the short-run dynamics o...

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Bibliographic Details
Main Author:	Ucer, E. Murat (Author)
Format:	Electronic eBook
Language:	English
Published:	Washington, D.C International Monetary Fund 1995
Series:	IMF Working Papers Working Paper No. 95/78
Online Access:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Summary:	This paper examines the short- and long-run effects of exchange market reform in developing countries. The first part reviews the recent experience of Guyana, India, Jamaica, Kenya, Sierra Leone, and Sri Lanka with exchange market reform. The second part studies analytically the short-run dynamics of the parallel market premium and the money supply upon unification, when the post-reform regime consists of either a pure float or a managed float. The third part discusses the impact of unification on inflation and quasi-fiscal deficits, and identifies a variety of implicit taxes and subsidies that must be taken into account in assessing the longer-run effects of exchange market reform
Physical Description:	1 Online-Ressource (62 p)
ISBN:	1451850069 9781451850062

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spelling	Ucer, E. Murat Verfasser aut Exchange Market Reform, Inflation, and Fiscal Deficits Ucer, E. Murat Washington, D.C International Monetary Fund 1995 1 Online-Ressource (62 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 95/78 This paper examines the short- and long-run effects of exchange market reform in developing countries. The first part reviews the recent experience of Guyana, India, Jamaica, Kenya, Sierra Leone, and Sri Lanka with exchange market reform. The second part studies analytically the short-run dynamics of the parallel market premium and the money supply upon unification, when the post-reform regime consists of either a pure float or a managed float. The third part discusses the impact of unification on inflation and quasi-fiscal deficits, and identifies a variety of implicit taxes and subsidies that must be taken into account in assessing the longer-run effects of exchange market reform Online-Ausg Agénor, Pierre-Richard Sonstige oth http://elibrary.imf.org/view/IMF001/02154-9781451850062/02154-9781451850062/02154-9781451850062.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Ucer, E. Murat Exchange Market Reform, Inflation, and Fiscal Deficits
title	Exchange Market Reform, Inflation, and Fiscal Deficits
title_auth	Exchange Market Reform, Inflation, and Fiscal Deficits
title_exact_search	Exchange Market Reform, Inflation, and Fiscal Deficits
title_exact_search_txtP	Exchange Market Reform, Inflation, and Fiscal Deficits
title_full	Exchange Market Reform, Inflation, and Fiscal Deficits Ucer, E. Murat
title_fullStr	Exchange Market Reform, Inflation, and Fiscal Deficits Ucer, E. Murat
title_full_unstemmed	Exchange Market Reform, Inflation, and Fiscal Deficits Ucer, E. Murat
title_short	Exchange Market Reform, Inflation, and Fiscal Deficits
title_sort	exchange market reform inflation and fiscal deficits
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