Currency Convertibility In The Middle East And North Africa

Author : Mr.Saleh M. Nsouli,Mr.Manuel Guitián
Publisher : International Monetary Fund
Page : 204 pages
File Size : 53,6 Mb
Release : 1996-11-05
Category : Business & Economics
ISBN : 1557755647

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Currency Convertibility in the Middle East and North Africa by Mr.Saleh M. Nsouli,Mr.Manuel Guitián Pdf

Currency convertibility is a far-reaching instrument to facilitate integration into the global economy. With it a country can gain the benefits of increased freedom in capital movements and of fostering trade and financial linkages worldwide. A seminar sponsored by the Arab Monetary Fund and the IMF, held in Marrakesh, Morocco, discussed the theoretical and empirical aspects of currency convertibility in the Arab countries. The volume, edited by Manuel Guitián and Saleh M. Nsouli, reproduces the papers presented at the seminar.

Author : David Cobham,Ghassan Dibeh
Publisher : Routledge
Page : 295 pages
File Size : 47,6 Mb
Release : 2010-12-07
Category : Business & Economics
ISBN : 9781136864162

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Money in the Middle East and North Africa by David Cobham,Ghassan Dibeh Pdf

Monetary policy in the Middle East and North African (MENA) countries remains an understudied area; this book fills an important gap by examining monetary policy frameworks and monetary policy strategies in the region. Building on the editors’ earlier book, Monetary Policy and Central Banking in the Middle East and North Africa, which focused on central bank independence issues and on exchange rate regimes, this book emphasises monetary policy strategies. Part I contains an overview of the financial markets and institutions which condition the choice of monetary policy strategy in the countries of the region, followed by single-country studies on aspects of the monetary policy frameworks of Lebanon, Egypt, Jordan, the Palestinian Territory and Turkey. Part II includes analyses of the prospects for inflation targeting in Egypt, Morocco and Tunisia, of the monetary transmission mechanism in the Gulf Cooperation Council countries, of the relative advantages of inflation targeting and exchange rate fixity with reference to Egypt, of the problem of fiscal dominance in Egypt, and of the inflationary implications of exchange rate fixity for Saudi Arabia and Kuwait. The contributors are experts from universities inside and outside the MENA region, from central banks in the region and from outside institutions such as the European Central Bank and the International Monetary Fund.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 32 pages
File Size : 53,5 Mb
Release : 2003-09-05
Category : Business & Economics
ISBN : 1589062302

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Choosing Exchange Regimes in the Middle East and North Africa by International Monetary Fund Pdf

This paper reviews the exchange regimes of five emerging market countries in the Middle East and North Africa region-Egypt, Jordan, Lebanon, Morocco, and Tunisia-and one oil-exporting country-Iran-to see whether they need to consider adopting more flexible arrangements as they further open their economies to trade and capital flows.

Author : Mr.Simon Gray,Mr.Philippe D Karam
Publisher : International Monetary Fund
Page : 176 pages
File Size : 54,7 Mb
Release : 2013-05-10
Category : Business & Economics
ISBN : 9781484349038

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Monetary Issues in the Middle East and North Africa Region by Mr.Simon Gray,Mr.Philippe D Karam Pdf

This paper documents the main themes covered in two seminars (December 2011 and September 2012) on monetary policy and implementation at the IMF—Middle East Center for Economics and Finance, and includes country case studies. Against the backdrop of the global financial crisis and swings in cross-border capital flows, operational frameworks have become more flexible, and liquidity management has impacted the relationship between the policy rate corridor and market rates. The balance sheet structure of central banks in the Middle East and North Africa (MENA) shows differences between oil exporters and others, while a few countries have exhibited notable changes since early 2011. Collateral now has a significant financial stability function. Although only one MENA country is part of the G20, implementation of the Basel III bank capital adequacy and liquidity rules will most likely impact banks’ way of doing business in MENA countries, even if indirectly.

Author : Ms.Susan Fennell,Mr.Mohamed A. El-Erian
Publisher : International Monetary Fund
Page : 54 pages
File Size : 42,9 Mb
Release : 1997-11-11
Category : Business & Economics
ISBN : 1557757119

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The Economy of the Middle East and North Africa in 1997 by Ms.Susan Fennell,Mr.Mohamed A. El-Erian Pdf

The economy of the Middle East and North Africa improved considerably in 1996, and remained favorable in 1997. This paper, by Mohamed A. El-Erian and Susan Fennell, presents an assessment of the recent experience of the MENA economies and examines prospects for 1998 and beyond.

Author : Mohamed Sami Ben Ali
Publisher : Springer
Page : 227 pages
File Size : 45,9 Mb
Release : 2016-01-26
Category : Business & Economics
ISBN : 9781137480668

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Economic Development in the Middle East and North Africa by Mohamed Sami Ben Ali Pdf

Using cases on individual countries, Economic Development in the Middle East and North Africa offers diverse theoretical and empirical evidence on a variety of issues facing policymakers, investors, and other stakeholders in the region.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 84 pages
File Size : 46,9 Mb
Release : 1996-11-04
Category : Business & Economics
ISBN : 1557756252

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Building on Progress by International Monetary Fund Pdf

Countries in the Middle East and North Africa region have unprecedented opportunities for transforming their economies through accelerated economic growth, but the countries themselves must ensure the necessary conditions. This study, by the Middle Eastern Department, focuses on four areas that are fundamental to growth-enhancing structural changes: improving the region's investment performance, fiscal reform, financial sector reform, and trade liberalization.

Author : Mr.Joannes Mongardini
Publisher : International Monetary Fund
Page : 42 pages
File Size : 47,7 Mb
Release : 1998-01-01
Category : Business & Economics
ISBN : 9781451842159

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Estimating Egypt’s Equilibrium Real Exchange Rate by Mr.Joannes Mongardini Pdf

In light of the real appreciation of the Egyptian pound over the last six years and Egypt’s lackluster export growth, questions of external competitiveness and exchange rate policy have arisen. This paper sheds light on these issues by estimating empirically Egypt’s equilibrium real exchange rate, that is, the rate that is consistent with fundamentals. The results show that, while the real exchange rate was substantially overvalued before 1993, today it is only moderately above the equilibrium rate. Moreover, the analysis shows that the recent appreciation of the pound does not indicate a worsening misalignment.

Author : David Cobham,Ghassan Dibeh
Publisher : Routledge
Page : 262 pages
File Size : 47,8 Mb
Release : 2009-01-13
Category : Business & Economics
ISBN : 9781134023776

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Monetary Policy and Central Banking in the Middle East and North Africa by David Cobham,Ghassan Dibeh Pdf

This book examines monetary policy, central banking and exchange rate regimes in the Middle East and North Africa. Part I covers central banking and monetary policy, while Part II covers monetary policy and exchange rate regimes. Some chapters focus on the monetary frameworks of particular countries, including Lebanon, Algeria, Syria, Tunisia, Morocco, and Turkey, outlining the different systems operated in each case, considering their successes and failures, and discussing important issues such as government policy, macroeconomic performance, inflation and inflation targeting, central bank independence and the impact of broader political economic developments on the conduct of monetary policy. Other chapters cover thematic issues across the whole region, including: central bank independence, operations of debtor central banks, the effect of exchange rates on inflation, and the effect on countries’ trade of alternative exchange rate regimes. Drawing on the insights of scholars and policy-makers, this book is a vital resource for anyone wanting to understand the economies of the Middle East and North Africa.

Author : Eur
Publisher : Psychology Press
Page : 1388 pages
File Size : 41,9 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 1857431324

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The Middle East and North Africa 2003 by Eur Pdf

Author : Raymond Hinnebusch,Jasmine K. Gani
Publisher : Routledge
Page : 895 pages
File Size : 42,7 Mb
Release : 2019-11-08
Category : History
ISBN : 9781000710878

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The Routledge Handbook to the Middle East and North African State and States System by Raymond Hinnebusch,Jasmine K. Gani Pdf

Conflict and instability are built into the very fabric of the Middle East and North African (MENA) state and states system; yet both states and states system have displayed remarkable resilience. How can we explain this? This handbook explores the main debates, theoretical approaches and accumulated empirical research by prominent scholars in the field, providing an essential context for scholars pursuing research on the MENA state and states system. Contributions are grouped into four key themes: • Historical contexts, state-building and politics in MENA • State actors, societal context and popular activism • Trans-state politics: the political economy and identity contexts • The international politics of MENA The 26 chapters examine the evolution of the state and states system, before and after independence, and take the 2011 Arab uprisings as a pivotal moment that intensified trends already embedded in the system, exposing the deep features of state and system—specifically their built-in vulnerability and their ability to survive. This handbook provides comprehensive coverage of the history and role of the state in the MENA region. It offers a key resource for all researchers and students interested in international relations and the Middle East and North Africa.

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 114 pages
File Size : 40,6 Mb
Release : 2005-08-09
Category : Business & Economics
ISBN : 9781589064157

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IEO Evaluation Report on the IMF's Approach to Capital Account Liberalization 2005 by International Monetary Fund. Independent Evaluation Office Pdf

Drawing on evidence from a sample of emerging market economies over the period 1990-2004, this evaluation report reviews the IMF’s approach to capital account liberalization and related issues. The evaluation seeks to contribute to transparency by documenting what in practice has been the IMF's approach to these issues and to identify areas where the IMF’s instruments and operating methods might be improved, in order to deal with these issues more effectively.

Author : New York Public Library. Research Libraries
Publisher : Unknown
Page : 830 pages
File Size : 44,7 Mb
Release : 1999
Category : Government publications
ISBN : UOM:39015082911267

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Bibliographic Guide to Government Publications by New York Public Library. Research Libraries Pdf

Author : A. Broome
Publisher : Springer
Page : 219 pages
File Size : 51,8 Mb
Release : 2010-03-10
Category : Political Science
ISBN : 9780230278059

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The Currency of Power by A. Broome Pdf

This book examines how the International Monetary Fund engages in the politics of ideas to shape domestic institutional change. Drawing on case studies from post-Soviet Central Asia, André Broome explains that how governments interpret their policy options mediates the IMF's influence over economic reform during periods of crisis and uncertainty.

Author : International Monetary Fund
Publisher : Unknown
Page : 552 pages
File Size : 41,5 Mb
Release : 1997
Category : Foreign exchange
ISBN : STANFORD:36105061852799

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Annual Report of the Executive Directors for the Fiscal Year by International Monetary Fund Pdf