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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Format: | eBook |
Language: | English |
Published: |
Washington, DC :
International Monetary Fund,
2008.
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Series: | IMF Working Papers
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Online Access: | Click to View |
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