Efficiency costs of Myanmar's multiple exchange rate regime / prepared by Masahiro Hori and Yu Ching Wong.

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 Authors: Hori, Masahiro, 1964- (Author), Wong, Yu Ching (Author)
Corporate Author: International Monetary Fund. Asia and Pacific Department
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, ©2008.
Series:IMF working paper ; WP/08/199.
Subjects:
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