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Currency Convertibility and the Transformation of Centrally Planned Economies

Author

Listed:
  • Mr. Joshua E. Greene
  • Mr. Peter Isard

Abstract

This paper examines the problems in establishing currency convertibility- and the optimal timing- in formerly planned economies making the transition to market-oriented systems.

Suggested Citation

  • Mr. Joshua E. Greene & Mr. Peter Isard, 1991. "Currency Convertibility and the Transformation of Centrally Planned Economies," IMF Occasional Papers 1991/004, International Monetary Fund.
  • Handle: RePEc:imf:imfops:1991/004
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    Citations

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    Cited by:

    1. Michael Bruno, 1994. "Stabilization and Reform in Eastern Europe: A Preliminary Evaluation," NBER Chapters, in: The Transition in Eastern Europe, Volume 1, Country Studies, pages 19-50, National Bureau of Economic Research, Inc.
    2. Koichi Hamada, 1998. "The Choice of International Monetary Regimes in a Context of Repeated Games," Open Economies Review, Springer, vol. 9(1), pages 417-446, January.
    3. Bomhoff, Eduard J., 1992. "Monetary reform in Eastern Europe," European Economic Review, Elsevier, vol. 36(2-3), pages 454-458, April.
    4. Colombatto Enrico & Macey Jonathan, 1995. "Exchange-Rate Management In Eastern Europe: A Public Choice Perspective," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 6(2-3), pages 259-276, June.
    5. Chris Melliss & Mark Cornelius, 1994. "New currencies in the Former Soviet Union: a recipe for hyperinflation or the path to price stability," Bank of England working papers 26, Bank of England.
    6. Lin, Guijun & Schramm, Ronald M., 2003. "China's foreign exchange policies since 1979: A review of developments and an assessment," China Economic Review, Elsevier, vol. 14(3), pages 246-280.
    7. Mr. R. B. Johnston & Chris Ryan, 1994. "The Impact of Controlson Capital Movementson the Private Capital Accounts of Countries' Balance of Payments: Empirical Estimates and Policy Implications," IMF Working Papers 1994/078, International Monetary Fund.
    8. Huynh, Pham Duy Anh, 2023. "Non-market economy status in anti-dumping investigations and proceedings: A case study of Vietnam," OSF Preprints esw4b, Center for Open Science.
    9. Huynh, Pham Duy Anh, 2022. "Non-Market Economy Status In Anti-Dumping Investigations And Proceedings: A Case Study Of Vietnam," OSF Preprints 2twmp, Center for Open Science.
    10. Andreas Freytag, 2001. "Does central bank independence reflect monetary commitment properly? Methodical considerations," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 54(217), pages 181-208.
    11. Guobo Huang & Clement Yuk‐Pang Wong, 1996. "Unification Of China'S Foreign Exchange Rates," Contemporary Economic Policy, Western Economic Association International, vol. 14(4), pages 42-57, October.

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