| PREFACE
|
Part One
INTRODUCTION
|
| I.
| INTRODUCTION AND RECOMMENDATIONS
|
|
| A.
| Introduction
|
|
| B.
| Recommendations on options for exchange rate policy in selected least developed countries
|
Part Two
OPTIONS FOR EXCHANGE RATE POLICY
IN SELECTED LEAST DEVELOPED COUNTRIES
|
| II.
| KEY STRUCTURAL FEATURES RELEVANT FOR LEAST DEVELOPED COUNTRIES
|
|
| A.
| Least developed country characteristics
|
|
| B.
| Size and openness to trade
|
|
| C.
| The regional context
|
| III.
| IMPLICATIONS OF THE MACROECONOMY FOR EXCHANGE RATE POLICIES
|
|
| A.
| Monetary and fiscal policies in the presence of currency substitution
|
|
| B.
| Factors affecting the balance of payments and exchange
|
| IV.
| EXCHANGE RATE REGIMES AND DETERMINATION
|
|
| A.
| Exchange rate regimes
|
|
| B.
| Foreign exchange restrictions and arrangements
|
|
| C.
| The implementation of exchange rate policies
|
| V.
| EFFECTS OF EXCHANGE RATE POLICIES
|
|
| A.
| Real exchange rates and competitiveness
|
|
| B.
| Avoiding overvaluation with a fixed exchange rate: Bangladesh and Nepal
|
|
| C.
| Avoiding macroeconomic instability in a. floating regime: Cambodia and Lao People's Democratic Republic
|
| VI.
| CONCLUSIONS
|
Part Three
COUNTRY STUDIES:
BANGLADESH, BHUTAN, CAMBODIA,
LAO PEOPLE'S DEMOCRATIC REPUBLIC AND NEPAL
|
| VII.
| OPTIONS FOR EXCHANGE RATE POLICY IN BANGLADESH
|
|
| A.
| Recent experiences with exchange rate regimes
|
|
| B.
| Formulation and implementation of the exchange rate policy regime
|
|
| C.
| Exchange rate regime and selected macroeconomic variables and policies
|
|
| D.
| Areas for future developments and policy recommendations
|
| VIII.
| OPTIONS FOR EXCHANGE RATE POLICY IN BHUTAN
|
|
| A.
| Recent experiences with exchange rate regimes
|
|
| B.
| Formulation and implementation of the exchange rate policy regime
|
|
| C.
| Exchange rate regime and selected macroeconomic variables and policies
|
|
| D.
| Areas for future developments and policy recommendations
|
| IX.
| OPTIONS FOR EXCHANGE RATE POLICY IN CAMBODIA
|
|
| A.
| Recent experiences with exchange rate regimes
|
|
| B.
| Formulation and implementation of the exchange rate policy regime
|
|
| C.
| Exchange rate regime and selected macroeconomic variables and policies
|
|
| D.
| Areas for future developments and policy recommendations
|
| X.
| OPTIONS FOR EXCHANGE RATE POLICY IN THE LAO PEOPLE'S DEMOCRATIC REPUBLIC
|
|
| A.
| Recent experiences with exchange rate regimes
|
|
| B.
| Formulation and implementation of the exchange rate policy regime
|
|
| C.
| Exchange rate regime and selected macroeconomic variables and policies
|
|
| D.
| Areas for future developments and policy recommendations
|
| XI.
| OPTIONS FOR EXCHANGE RATE POLICY IN NEPAL
|
|
| A.
| Recent experiences with exchange rate regimes
|
|
| B.
| Formulation and implementation of the exchange rate policy regime
|
|
| C.
| Exchange rate regime and selected macroeconomic variables and policies
|
|
| D.
| Areas for future developments and policy recommendations |
Options for exchange rate policy (LDC series no. 3, 2000) 
