TY - BOOK ID - 84656928 TI - Moving to a Flexible Exchange Rate : How, When, and How Fast? AU - Duttagupta, Rupa. AU - Karacadag, Cem. AU - Fernandez, Gilda. PY - 2006 SN - 145529733X 1452743290 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Finance: General KW - Foreign Exchange KW - Money and Monetary Policy KW - International Financial Markets KW - Monetary Systems KW - Standards KW - Regimes KW - Government and the Monetary System KW - Payment Systems KW - Currency KW - Foreign exchange KW - Finance KW - Monetary economics KW - Exchange rate flexibility KW - Exchange rates KW - Currency markets KW - Exchange rate arrangements KW - Currencies KW - Foreign exchange market KW - Money KW - United Kingdom UR - https://www.unicat.be/uniCat?func=search&query=sysid:84656928 AB - A growing number of countries are adopting flexible exchange rate regimes because flexibility offers more protection against external shocks and greater monetary independence. Other countries have made the transition under disorderly conditions, with the sharp depreciation of their currency during a crisis. Regardless of the reason for adopting a flexible exchange rate, a successful transition depends on the effective management of a number of institutional and operational issues. The authors of this Economic Issue describe the necessary ingredients for moving to a flexible regime, as well as the optimal pace and sequencing under different conditions. ER -