Im Papier wird argumentiert, dass die Reform von Außenwirtschaftsbarrieren innerhalb von Autokratien dem Primat der Devisenbewirtschaftung unterliegt. Ein historischer Vergleich von vier Staaten (Marokko, Tunesien, Ägypten und Jordanien) in der Region Nahund Mittelost verweist auf eine...

The development of Asian foreign exchange markets has progressed appreciably in recent years. Data from the BIS Triennial Central Bank Survey indicate that the turnover of Asian currencies rose sharply between 2004 and 2007, financial institutions became more important customers, and the...

This paper examines the relationship between the official and parallel exchange rates, in three Caribbean countries, Guyana, Jamaica and Trinidad, during the 1985-1993 period using cointegration, Granger causality, and reduced form methods. The official and parallel rates are cointegrated in all...