TY  - BOOK
ED  - International Monetary Fund.
TI  - Floating Exchange Rates in Africa
T2  - IMF Working Papers; Working Paper
SN  - 1451972717 :
SN  - 1018-5941
PY  - 1988///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Exchange Markets
KW  - imf
KW  - Exchange Rate
KW  - Exchange Rates
KW  - Floating Exchange Rate
KW  - Foreign Exchange
KW  - Congo, Democratic Republic of the
KW  - Gambia, The
KW  - Sierra Leone
KW  - Uganda
KW  - Zambia
N2  - The paper examines the experiences of nine African countries that have introduced floating exchange rate regimes in the 1980s. The various types of market arrangements are explored, focusing on the roles of market participants. After a review of exchange rate developments under the regimes, some related concerns with respect to urban income and employment, resource allocation, and short-term instability are analyzed. In the light of this analysis, the paper suggests some policy recommendations aimed at ensuring the success of the floating regimes
UR  - http://elibrary.imf.org/view/IMF001/15805-9781451972719/15805-9781451972719/15805-9781451972719.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451972719
ER  -