Nominal Anchors in the CIS High quality books
Nominal Anchors in the CIS
By:Mr. Peter Keller,Mr. Thomas J. Richardson
Published on 2003-09-01 by International Monetary Fund
Monetary policy has become increasingly important in the countries of the Commonwealth of Independent States (CIS) as fiscal adjustment and structural reforms have taken root. Inflation has been brought down to relatively low levels in almost all of these countries, raising the question of what should be the appropriate nominal anchor at this stage. Formally, almost all CIS countries have floating exchange rate regimes, yet in practice they manage their exchange rates very heavily, perhaps because of high levels of dollarization (i.e., they suffer from |fear of floating|). This paper explores the issues underlying the choice of a nominal anchor in CIS countries and seeks to assess whether the present mixed regime will prove durable.
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Book ID of Nominal Anchors in the CIS's Books is GuJG5S7656sC, Book which was written byMr. Peter Keller,Mr. Thomas J. Richardsonhave ETAG "09kDom4iQ/0"
Book which was published by International Monetary Fund since 2003-09-01 have ISBNs, ISBN 13 Code is 9781451904413 and ISBN 10 Code is 145190441X
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