Sentences with phrase «flexible exchange»

Get the emerging markets to move toward flexible exchange rates and independent central banks.

Flexible exchange rates are usually also a prerequisite for a successful prosecution of an inflation target.

Most now operate a more flexible exchange rate regime, though a significant number have moved to the opposite extreme, relinquishing monetary sovereignty in favor of full monetary integration.

In my view, the most important anti-stimulus argument can be summarized as «even if you accept that stimulus is appropriate for a downturn of this magnitude caused by a terms - of - trade shock, it an open economy with flexible exchange rates like Canada, it is best left to monetary, not fiscal, policy.»

Insufficiently flexible exchange rate regimes have the potential to alter the pattern of capital flows and the price of financial assets.

Because flexible exchange rates prevent Europe from running massive surpluses, German capital exports to countries like Spain created the same constraints, meaning that Spanish households too faced the choice only of speculative investment booms, consumption booms, and unemployment.

The simple second year textbook Mundell - Fleming ISLMBP model under flexible exchange rates makes two assumptions that we need to modify:

«MMT shows that if we have the resources, money is no obstacle to a government that issues its own flexible exchange - rate fiat currency.

The President highlighted some of the obstacles to realizing the roadmap for the implementation of a single currency in the sub-region to include, diverse and uncertain macro — economic fundamentals of many countries, unrealistic inflation targeting based on flexible exchange rate regime and inconsistency with the African Monetary Co-operation Programme.

Meanwhile, pending the release of modalities for the operation of the proposed flexible exchange rate, the official rate remained at N197 to a dollar.

We do have fair flexible exchange policy but you will for sure prefer to avoid this hassle and get good fit dog muzzle at the first try.

We hold firm to the view, that the currency move has nothing to do with cyclical economic management and everything to do with creating a more flexible exchange rate mechanism that will enable the renminbi's admission into the International Monetary Fund's (IMF) special drawing rights (SDR) basket.

«Repeated intervention to maintain the currency's stability is at odds with the «more flexible exchange rate mechanism» the central bank announced just three weeks ago,» wrote Chen Long of Gavekal Dragonomics in a research note on Wednesday.

China could take some advice from the U.S. including calls for a more flexible exchange rate and opening up sectors of the economy, says Jiming Ha of CF40.

In remarks published in local media on Sunday, Amer said that since he took up his post in November his focus has been to address stagnation and stimulate the economy while targeting a flexible exchange rate that reflects supply and demand.

In our discussions, we thought it was important to keep in mind that many of these countries have become more resilient in recent years: they have been restructuring their economies, strengthening their fiscal positions, and moving to more flexible exchange rates.

Our flexible exchange rate though gives us considerable independence regarding the timing as to when this might happen.

In other cases — e.g. Norway — a flexible exchange rate is maintained, with an offshore wealth fund, but monetary policy has still needed to be tightened in the recent episode.

A more flexible exchange rate is also a necessary step to push ahead the market - oriented reform agenda outlined by President Xi Jinping nearly two years ago - an agenda that in recent months has seemed in danger of stalling.

The result is the well - known economic argument from the Mundell - Fleming model: Fiscal policy is relatively ineffective when you have flexible exchange rates.

Canada's Experience with Fixed and Flexible Exchange Rates in a North American Capital Market, Canadian - American Committee 33, by Robert M. Dunn.

Flexible Exchange Rates and International Business, British - North American Committee 28, by John M. Blin, Stuart I. Greenbaum, and Donald P. Jacobs.

The renminbi's entry into the International Monetary Fund's basket of currencies, the Special Drawing Rights (SDR), will require China to have a more flexible exchange rate.

One reason is that the flexible exchange rate provides a considerable buffer against external shocks, such that less adjustment of interest rates is required to manage domestic monetary conditions.

Jan Dehn, head of research at Ashmore Investment Management, says: «The adoption of a currency basket should allow China to move more quickly to a flexible exchange rate and is entirely consistent with the stated objective of the renminbi's formal inclusion in the SDR.

That's called a flexible exchange rate.

Foreign Exchange Capital Markets The renminbi's entry into the International Monetary Fund's basket of currencies, the Special Drawing Rights (SDR), will require China to have a more flexible exchange rate.

In other words, the flexible exchange rate has contributed to less volatility in interest rates (Figure 17 and Figure 18; Debelle and Plumb 2006).

Of course, there is the exchange rate channel for an open economy with a flexible exchange rate.

Over the past year, on two occasions when US officials have talked about the possibility of China adopting a more flexible exchange rate, there has been a significant reaction in the options market.

Otherwise, in the absence of the flexible exchange rate and independent monetary policy that we enjoy in the UK, the economic and political strains of deleveraging and balance sheet repair in the eurozone periphery may prove unbearable.

In Britain we are able to ease that adjustment through loose monetary policy and a flexible exchange rate.