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The Reform of Mechanisms for Foreign Exchange Allocation
Eliana La FerraraGabriel CastilloJohn Nash
其他書名
Theory and Lessons from Sub-Saharan Africa
出版World Bank Publications, 1994
URLhttp://books.google.com.hk/books?id=0p9mQZEpXuIC&hl=&source=gbs_api
EBookSAMPLE
註釋The paper provides an analysis of the mechanisms for foreign exchange allocation used in trade policy reform and an assessment of their effectiveness. The case is strong for avoiding delay in moving to full currency convertibility in dismantling or modifying foreign exchange controls. Movement to a unified free market for exchange would be facilitated by changes in policies and in donor practice, so exchange can be channeled through private sellers.