Efficiency Costs of Myanmar's Multiple Exchange Rate Regime.

Myanmar's multiple exchange rate system creates various economic distortions. This paper describes the exchange rate practices in Myanmar, develops a model of foreign exchange markets, and presents the efficiency costs imposed by quasi-fiscal operation under the current exchange rate regime. Th...

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Bibliographic Details
Main Author: Hori, Masahiro.
Other Authors: Wong, Yu Ching.
Format: eBook
Published: Washington, DC : International Monetary Fund, 2008.
Series:IMF Working Papers
Online Access:Click to View
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