| Description |
1 online resource (x, 188 pages) : illustrations |
| Physical Medium |
polychrome |
| Description |
text file |
| Note |
"Papers presented at a seminar held in Marrakesh, Morocco, December 16-18, 1993." |
| Bibliography |
Includes bibliographical references. |
| Contents |
Overview / Manuel Guitián and Saleh M. Nsouli -- Opening remarks / Omar Kabaj, Osama J. Faquih -- Concepts and degrees of currency convertibility / Manuel Guitián -- Current account convertibility : anachronism or transition? / Saleh M. Nsouli -- Experience with exchange controls in the Arab countries / Mustapha Kara and Salam Hleihel -- Currency convertibility in Tunisia / Abdelmoumen Souayah -- The exchange system in Morocco / Ali Amor -- Experiences of Morocco, Tunisia, Jordan, and Egypt with currency convertibility / Afran Al-Azmeh -- The issue of capital account convertibility : a gap between norms and reality / Manuel Guitián. |
| 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. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Currency convertibility -- Middle East -- Congresses.
|
|
Currency convertibility. |
|
Middle East. |
|
Monetary policy -- Middle East -- Congresses.
|
|
Monetary policy. |
|
Currency convertibility -- Africa, North -- Congresses.
|
|
North Africa. |
|
Monetary policy -- Africa, North -- Congresses.
|
| Genre/Form |
Electronic books.
|
|
Conference papers and proceedings.
|
|
Conference papers and proceedings.
|
| Added Author |
Guitián, Manuel, editor.
|
|
Nsouli, Saleh M., editor.
|
|
International Monetary Fund, issuing body.
|
| Other Form: |
Print version: Currency convertibility in the Middle East and North Africa. Washington : International Monetary Fund, 1996 9781557755643 (DLC) 96224878 (OCoLC)36019947 |
| ISBN |
9781455292073 (electronic book) |
|
1455292079 (electronic book) |
|
1283537745 |
|
9781283537742 |
|
1557755647 |
|
9781557755643 |
|
