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Current Account Developments in New Member States of the European Union »
Source: Current Account Developments in New Member States of the European Union : Equilibrium, Excess, and EU-Phoria
Volume/Issue: 2008/92
Series: IMF Working Papers
Author(s): Jesmin Rahman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2008
ISBN: 9781451869538
Keywords: Current account norm, macroeconomic balance approach, fdi, investment climate, transition economies, exchange rate regime
This paper analyzes current account (CA) developments in the following 10 new EU members states: Czech Republic, Bulgaria, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. During the las...

Exchange Rate Determinants in Russia: 1992-1993 »
Source: Exchange Rate Determinants in Russia : 1992-1993
Volume/Issue: 1994/66
Series: IMF Working Papers
Author(s): Vincent Koen , and Eric Meyermans
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 1994
ISBN: 9781451848755
Keywords: foreign exchange, exchange rate, inflation, foreign exchange market, exchange rates
This paper examines the evolution of the exchange rate of the ruble vis-à-vis the U.S. dollar from exchange rate unification, in July 1992, to the end of 1993. The expected and actual paths of the exchange r...

CHAPTER V THE GREAT CONTRACTIONS IN RUSSIA, THE BALTICS, AND THE OTHER COUNTRIES OF THE FORMER SOVIET UNION: A VIEW FROM THE SUPPLY SIDE »
Source: World Economic Outlook 2000 : Supporting Studies
Series: World Economic Outlook
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 23 January 2001
ISBN: 9781451944242
Keywords: exchange rate, gold, exchange rates, unemployment, real exchange rate
The early years of transition from a command to a market-based economy in central and eastern Europe have typically witnessed considerable output drops, at least according to official national statistics. Ou...

CHAPTER I GLOBALIZATION AND GROWTH IN THE TWENTIETH CENTURY »
Source: World Economic Outlook 2000 : Supporting Studies
Series: World Economic Outlook
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 23 January 2001
ISBN: 9781451944242
Keywords: exchange rate, gold, exchange rates, unemployment, real exchange rate
This chapter reviews the experience of economic growth during the twentieth century in the context of trends in globalization and with a view to highlighting implications relevant to early twenty-first centu...

1 The International Legal Environment of Exchange Rates »
Source: Legal Effects of Fluctuating Exchange Rates
Series: Books
Author(s): Joseph Gold
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 March 1990
ISBN: 9781475506921
Keywords: currency, currencies, exchange, exchange rates, exchange rate
Original Articles of IMF and Amendments The Articles of Agreement (Articles) of the International Monetary Fund (IMF) and the practices of the IMF under that treaty are the principal...

Exchange Rate Pass-Through to Domestic Prices »
Source: Exchange Rate Pass-Through to Domestic Prices : Does the Inflationary Environment Matter?
Volume/Issue: 2001/194
Series: IMF Working Papers
Author(s): Dalia Hakura , and Ehsan Choudhri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2001
ISBN: 9781451859867
Keywords: Pass-through, exchange rate, inflation rate, average inflation, average inflation rate, Open Economy Macroeconomics,
The paper tests a hypothesis suggested by Taylor (2000) that a low inflationary environment leads to a low exchange rate pass-through to domestic prices. To test this hypothesis, the paper derives a pass-through re...

6 The Challenge and Experience of Economic Liberalization and Reform »
Source: Fifty Years After Bretton Woods : The Future of the IMF and the World Bank: Proceedings of a Conference held in Madrid, Spain, September 29-30, 1994
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 14 April 1995
ISBN: 9781557754875
Keywords: exchange rate, exchange rates, structural adjustment, world economy, adjustment programs
Liu Zhongli I am very pleased to address this session focusing on economic reform, because China itself has been undertaking broad and deep reforms. Over the past 15 years, China has...

1 Major Themes in the Writings of Jacques J. Polak »
Source: International Financial Policy : Essays in honor of Jacques J. Polak
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1991
ISBN: 9781557751966
Keywords: exchange rate, monetary fund, current account, exchange rates, inflation
Jacques Polak was born in the Netherlands in 1914. He received his doctorate in economics in 1937 from the University of Amsterdam. His first professional work was with Professor Jan Tinbergen. In 1937 he be...

II The Setting for Adjustment: Initial Positions and Global Environment »
Source: IMF Conditionality : Experience Under Stand-by and Extended Arrangements, Part I: Key Issues and Findings
Series: Occasional Papers
Author(s): Louis Dicks-Mireaux , Miguel Savastano , Adam Bennett , María Carkovic S. , Mauro Mecagni , James John , and Susan Schadler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 September 1995
ISBN: 9781557754929
Keywords: inflation, terms of trade, capital inflows, exchange rate, real interest rates
Almost without exception, the initial positions of the countries under review were dire. Most were suffering the effects of long-standing institutional and structural weaknesses, fiscal excesses, and deficie...

3 The Link Between Price Liberalization and Macroeconomic Management »
Source: Coordinating Stabilization and Structural Reform : Proceedings of the Seminar Coordination of Structural Reform and Macroeconomic Stabilization, Washington, D.C., June 17-26, 1993
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1994
ISBN: 9781557754301
Keywords: interest, exchange rate, inflation, prices, restructuring
Marcelo Selowsky The topic I have been given is a complex one. It becomes even more complex when considered in light of the wide variety of countries represented at this seminar: Lat...