The Resource Introduction of a new national currency : policy, institutional, and technical issues, prepared by Richard K. Abrams and Hernán Cortés-Douglas ; authorized for distribution by Peter J. Quirk and Brock K. Short

Introduction of a new national currency : policy, institutional, and technical issues, prepared by Richard K. Abrams and Hernán Cortés-Douglas ; authorized for distribution by Peter J. Quirk and Brock K. Short

Label
Introduction of a new national currency : policy, institutional, and technical issues
Title
Introduction of a new national currency
Title remainder
policy, institutional, and technical issues
Statement of responsibility
prepared by Richard K. Abrams and Hernán Cortés-Douglas ; authorized for distribution by Peter J. Quirk and Brock K. Short
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
Annotation
Member of
Action
digitized
Cataloging source
OCLCE
Government publication
international or intergovernmental publication
Index
no index present
LC call number
HG3881
LC item number
.M19 no.93-49
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/93/49
Summary expansion
In the last few years, a number of countries in the Former Soviet Union and Eastern Europe have become independent or regained their independence. Many have chosen to issue their own currencies and more are likely to do so. This paper draws on these and earlier experiences in order to summarize the main policy and institutional arrangements necessary for the introduction of a new currency and to discuss the key features of, and procedures for, the conversion. the paper is designed as a working document for those involved with currency reforms to help ensure that all the necessary steps are taken prior to, during, and immediately after the introduction of a new currency. the body of the paper is in four parts. First, the main macroeconomic and operational measures required to prepare for the orderly transition to the new currency are discussed, including decisions regarding the choice of exchange regime, the issuance of coupons and the costs and benefits of currency reforms. the next section covers issues relating to the production of the new currency bank notes. Next, the main features and terms of the conversion are discussed, as well as certain special issues such as speculative inflows and the treatment of banks customers and old currency contracts. the last section covers the operation of the foreign exchange market and maintenance of exchange rate stability in the period immediately following the introduction of the new currency. the appendix covers the technical aspects of currency handling, accounting and management
Label
Introduction of a new national currency : policy, institutional, and technical issues, prepared by Richard K. Abrams and Hernán Cortés-Douglas ; authorized for distribution by Peter J. Quirk and Brock K. Short
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 32-33)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn647448090
Dimensions
unknown
Extent
1 online resource (iii, 33 pages)
File format
one file format
Form of item
online
Isbn
9781281599995
Media category
computer
Media MARC source
rdamedia
Media type code
c
http://library.link/vocab/recordID
.b37196637
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647448090
  • imf1281599999
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

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      -38.195656 144.304955
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