Currency convertibility in the Middle East and North Africa /
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 o...
Други автори: | Guitian, Manuel, (Editor), Nsouli, Saleh M., (Editor) |
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Формат: | Електронна книга |
Език: | English |
Публикувано: |
Washington [D.C.] :
International Monetary Fund,
1996.
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Предмети: | |
Онлайн достъп: |
http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=449450 |
Подобни документи: |
Print version::
Currency convertibility in the Middle East and North Africa. |
Резюме: |
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. |
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Физически характеристики: |
1 online resource (x, 188 pages) : illustrations |
Библиография: |
Includes bibliographical references. |
ISBN: |
9781455292073 1455292079 1283537745 9781283537742 |