Conquering fear of floating--Australia"s successful adaptation to a flexible exchange rate

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Published by International Monetary Fund in [Washington, D.C.] .
Written in


About the Edition

Australia has enjoyed fifteen years of uninterrupted economic expansion since 1992 despite shocks such as the Asian crisis in 1997-98 and the information technology bust in 2000-01. This resilient economic performance owes much to wide-ranging structural reforms and the improved frameworks for monetary and fiscal policies that were implemented after the Australian dollar was floated in 1983. In addition to gaining the expected macroeconomic benefits from exchange rate flexibility, the float appeared to help motivate and facilitate the subsequent reforms. Australia"s experience with adapting to a floating currency may therefore be of broader interest.

Edition Notes

StatementCraig Beaumont and Li Cui.
SeriesIMF policy discussion paper -- PDP/07/2
ContributionsCui, Li., International Monetary Fund.
Classifications
LC ClassificationsHG3881.5.I58
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL22649174M
LC Control Number2008613020

About the Book

Conquering fear of floating--Australia's successful adaptation to a flexible exchange rate is a book written by Craig Beaumont. This book examines Australia's experience with a flexible exchange rate system and how it successfully managed to adapt and overcome the challenges associated with floating currency. The book, published in 2007, delves into the economic and policy implications of Australia's decision to adopt a flexible exchange rate system.

Physical Format: Electronic Resource

The book is available in electronic format, making it easily accessible to readers. As an electronic resource, readers can conveniently download the book in various file formats such as PDF, EPUB, MOBI, and TXT. This allows readers to choose their preferred format for reading.

Publish Country: MOU

The book was published in a country identified as MOU. Though the specific country abbreviation is not clear, the book's content and relevance are not limited by its publication location. The book can be accessed and read by readers from different parts of the world.

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