Currency Convertibility in the Middle East and North Africa

Author: Mr. Saleh M. Nsouli   Mr. Manuel Guitián  

Publisher: INTERNATIONAL MONETARY FUND‎

Publication year: 1996

E-ISBN: 9781455292073

P-ISBN(Paperback): 9781557755643

Subject: F0 Economics;F8 Finances

Language: ENG

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Description

Currency convertibility is a far-reaching instrument to facilitate integration into the global economy. With it a country can gain the benefits of increased freedom in capital movements and of fostering trade and financial linkages worldwide. A seminar sponsored by the Arab Monetary Fund and the IMF, held in Marrakesh, Morocco, discussed the theoretical and empirical aspects of currency convertibility in the Arab countries. The volume, edited by Manuel Guitián and Saleh M. Nsouli, reproduces the papers presented at the seminar.

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