Foreign Exchange Auction Markets In Sub Saharan Africa
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Foreign Exchange Auction Markets in Sub Saharan Africa
Author | : Janine Aron,Ibrahim Elbadawi |
Publsiher | : World Bank Publications |
Total Pages | : 44 |
Release | : 1994 |
Genre | : Comercio exterior - Africa (Sub-Saharan) |
ISBN | : 9182736450XXX |
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A Typology of Foreign Exchange Auction Markets in Sub Saharan Africa
Author | : Janine Aron,Ibrahim Elbadawi |
Publsiher | : World Bank Publications |
Total Pages | : 40 |
Release | : 1994 |
Genre | : Comercio exterior - Africa (Sub-Saharan) |
ISBN | : 9182736450XXX |
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Black Markets for Foreign Exchange Real Exchange Rates and Inflation
Author | : Brian Pinto |
Publsiher | : World Bank Publications |
Total Pages | : 37 |
Release | : 1988 |
Genre | : Black market |
ISBN | : 9182736450XXX |
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Inflation could rise permanently and substantially as a result of unifying official and black market exchange rates, even if real government spending remains constant.
The Reform of Mechanisms for Foreign Exchange Allocation
Author | : Eliana La Ferrara,Gabriel Castillo,John Nash |
Publsiher | : World Bank Publications |
Total Pages | : 64 |
Release | : 1994 |
Genre | : Foreign exchange |
ISBN | : 9182736450XXX |
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The paper provides an analysis of the mechanisms for foreign exchange allocation used in trade policy reform and an assessment of their effectiveness. The case is strong for avoiding delay in moving to full currency convertibility in dismantling or modifying foreign exchange controls. Movement to a unified free market for exchange would be facilitated by changes in policies and in donor practice, so exchange can be channeled through private sellers.
Foreign Exchange Auctions and Fixing
Author | : Mr.Arto Kovanen |
Publsiher | : International Monetary Fund |
Total Pages | : 52 |
Release | : 1994-09-01 |
Genre | : Business & Economics |
ISBN | : 9781451940190 |
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The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
The Foreign Exchange Market and the Dutch Auction System in Ghana
![The Foreign Exchange Market and the Dutch Auction System in Ghana](https://youbookinc.com/wp-content/uploads/2024/06/cover.jpg)
Author | : Cletus K. Dordunoo |
Publsiher | : Unknown |
Total Pages | : 64 |
Release | : 1994 |
Genre | : Auctions |
ISBN | : 9966900055 |
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Exchange Rate Liberalization in Selected Sub Saharan African Countries Successes Failures and Lessons
Author | : Mr.Nils Øyvind Mæhle,Ms.Haimanot Teferra,Mrs.Armine Khachatryan |
Publsiher | : International Monetary Fund |
Total Pages | : 71 |
Release | : 2013-01-31 |
Genre | : Business & Economics |
ISBN | : 9781557756695 |
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Many sub-Saharan African (SSA) countries liberalized their economies in the 1980s and early 1990s. This paper reviews the foreign exchange regime reforms in selected SSA, and their associated macroeconomic policies and economic performance during and after these reforms were undertaken. Before liberalization, most of the reviewed countries were characterized by extensive foreign exchange rationing, sizeable black market premiums, and declining per capita real income. Today, the countries that successfully reformed look markedly different. Rationing and parallel market spreads are a distant memory, and per capita income has increased sharply.
Floating Exchange Rates in Africa
Author | : International Monetary Fund |
Publsiher | : International Monetary Fund |
Total Pages | : 58 |
Release | : 1988-06-10 |
Genre | : Business & Economics |
ISBN | : 9781451972719 |
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The paper examines the experiences of nine African countries that have introduced floating exchange rate regimes in the 1980s. The various types of market arrangements are explored, focusing on the roles of market participants. After a review of exchange rate developments under the regimes, some related concerns with respect to urban income and employment, resource allocation, and short-term instability are analyzed. In the light of this analysis, the paper suggests some policy recommendations aimed at ensuring the success of the floating regimes.