- Joshua Greene, and Peter Isard
- Published Date:
- March 1991
© 1991 International Monetary Fund
Reprinted March 1995
Library of Congress Cataloging-in-Publication Data
Greene, Joshua E.
- Currency convertibility and the transformation of centrally planned economies / by Joshua E. Greene and Peter Isard.
- p. cm. — (Occasional Papers, ISSN 0251-6365 ; 81)
- “June 1991”
- Includes bibliographical references.
- ISBN 1-55775-214-1 : $10.00
- 1. Currency convertibility. 2. Central planning. I. Isard Peter.
II. Title. III. Series: Occasional paper (International Monetary Fund) ; no. 81.
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- IV. When to Introduce Current Account Convertibility
- General Preconditions
- V. Capital Account Convertibility
- VI. Internal Convertibility
- VII. Summary and Conclusions
As used in this paper, the term “country” does not in all cases refer to a territorial entity as understood by international law and practice. The term also covers some territorial entities that are not states but for which statistical data are maintained and provided internationally on a separate and independent basis.
This study was prepared in the Research Department of the International Monetary Fund. Its authors are Peter Isard, Advisor, and Joshua E. Greene, Senior Economist in the Developing Country Studies Division.
The study benefited greatly from suggestions from Fund colleagues who are too numerous to all be identified, but special mention should be made of Bijan Aghevli, Gerard Belanger, Hans Flickenschild, Pierre Francotte, Graham Hacche, Mohsin Khan, Timothy Lane, and Donald Mathieson. The authors are also grateful to Rosalind Oliver for excellent secretarial assistance. The paper was edited by Margaret Casey and Elisa Diehl of the External Relations Department. The authors alone are responsible for this study; the opinions expressed are theirs and do not necessarily reflect the views of the Fund.