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Showing 1 through 10 of 10 results

Currency Boards: The Ultimate Fix?

by Atish R. Ghosh Anne-Marie Gulde Holger C. Wolf

A report from the International Monetary Fund.

East Asia in the Aftermath: Was There a Crunch?

by Atish R. Ghosh Swati R. Ghosh

A report from the International Monetary Fund.

Exchange Rate Regimes and the Stability of the International Monetary System

by Atish R. Ghosh Jonathan D. Ostry Charalambos Tsangarides

The member countries of the International Monetary Fund collaborate to try to assure orderly exchange arrangements and promote a stable system of exchange rates, recognizing that the essential purpose of the international monetary system is to facilitate the exchange of goods, services, and capital, and to sustain sound economic growth. The paper reviews the stability of the overall system of exchange rates by examining macroeconomic performance (inflation, growth, crises) under alternative exchange rate regimes; implications of exchange rate regime choice for interaction with the rest of the system (external adjustment, trade integration, capital flows); and potential sources of stress To The international monetary system.

Exchange Rate Regimes: Choices and Consequences

by Atish R. Ghosh Anne-Marie Gulde Holger C. Wolf

Few topics in international economics are as controversial as the choice of an exchange rate regime. Since the breakdown of the Bretton Woods system in the early 1970s, countries have adopted a wide variety of regimes, ranging from pure floats at one extreme to currency boards and dollarization at the other. While a vast theoretical literature explores the choice and consequences of exchange rate regimes, the abundance of possible effects makes it difficult to establish clear relationships between regimes and common macroeconomic policy targets such as inflation and growth. This book takes a systematic look at the evidence on macroeconomic performance under alternative exchange rate regimes, drawing on the experience of some 150 member countries of the International Monetary Fund over the past thirty years. Among other questions, it asks whether pegging the exchange rate leads to lower inflation, whether floating exchange rates are associated with faster output growth, and whether pegged regimes are particularly prone to currency and other crises. The book draws on history and theory to delineate the debate and on standard statistical methods to assess the empirical evidence.

IMF Staff Country Reports

by Atish R. Ghosh Ales Bulir Marianne Schulze-Gattas

A report from the International Monetary Fund.

IMF Support and Crisis Prevention

by Atish R. Ghosh Juan Zalduendo Alun H. Thomas

A report from the International Monetary Fund.

Inflation in Transition Economies: How Much? and Why?

by Atish R. Ghosh

A report from the International Monetary Fund.

Words vs. Deeds: What Really Matters?

by Atish R. Ghosh Charalambos Tsangarides Mahvash S. Qureshi

A report from the International Monetary Fund.

Showing 1 through 10 of 10 results

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