Currency convertibility in the Middle East and North Africa /

Currency convertibility in the Middle East and North Africa /

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Bibliographic Details
Imprint:	Washington [D.C.] : International Monetary Fund, 1996. ©1996
Description:	1 online resource (x, 188 pages) : illustrations
Language:	English
Subject:	Currency convertibility -- Middle East -- Congresses. Monetary policy -- Middle East -- Congresses. Currency convertibility -- Africa, North -- Congresses. Monetary policy -- Africa, North -- Congresses. Currency convertibility. Monetary policy. North Africa. Middle East. Electronic books. Conference papers and proceedings.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11226409

Hidden Bibliographic Details
Other authors / contributors:	Guitián, Manuel, editor. Nsouli, Saleh M., editor. International Monetary Fund, issuing body.
ISBN:	9781455292073 1455292079 1283537745 9781283537742 1557755647 9781557755643
Notes:	Includes bibliographical references. Print version record.
Summary:	Currency convertibility -- defined in the broadest sense as the right to convert freely and without limit a currency into any other at the prevailing exchange rate -- is the linchpin of today's globalized world economy. To assess the importance of convertibility, it is only necessary to point out that a system of well-managed convertible national currencies imparts to the international arena advantages analogous to those resulting from the introduction of money in a national economy, most notably, the elimination of barter (and the need for coincidence of needs) as a basis for international trade and the provision of an instrument for the development of financial markets.
Other form:	Print version: Currency convertibility in the Middle East and North Africa. Washington : International Monetary Fund, 1996 9781557755643

Description
Summary:	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.
Physical Description:	1 online resource (x, 188 pages) : illustrations
Bibliography:	Includes bibliographical references.
ISBN:	9781455292073 1455292079 1283537745 9781283537742 1557755647 9781557755643