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1 Abstract IFS IFS 135

2 International Financial Statistics Exchange Arrangements and Exchange Restrictions 136

3 137

4 International Financial 138 Exchange Arrangements and Exchange Restrictions International Financial Statistics Yearbook à

5 StatisticsExchange Arrangements and Exchange Restrictions IFS 139

6 International Financial Statistics IFS International Financial StatisticsExchange Arrangements and Exchange Restrictions 140

7 141

8 142

9 143

10 144

11 145

12 146 International Financial Statistics

13 147

14 Direction of Trade Statistics 148

15 149

16 IFS 150

17 151 International Financial Statistiscs

18 International Financial StatisticsDirection of Trade Statistics 152

19 t ipipit WijtROVijtWijtt j i jrovij i j Direction of Trade Statistics International Financial Statistics 153

20 Balino, Tomas J. T., Adam Bennet, and Eduardo Borensztein 1999, Monetary Policy in Dollarized Economies,IMF Occasional Paper No

21 Berg, Andrew, and Eduardo Borenzstein2000,Full Dollarization: The Pros and Cons,IMF Working Paper WP/00/50. Breuer, Janice Boucher1994,An Assessment of the Evidence on Purchasing Power Parity,in John Williamsoned. Estimating Equilibrium Exchange Rates, Washington D.C.: Institute for International Economics, pp Calvo, Guillermo A., Alejandro Izquierdo, and Ernesto Talvi2002,Sudden Stops, the Real Exchange Rate and Fiscal Sustainability: Argentina s Lessons,mimeo, Background Paper for the SeminarThe Resurgence of Macro Crises: Causes and Implications for Latin America, Annual Meetings of the Board of the Governors, Inter-American Development Bank and Inter- American Investment Corporation. Calvo, Guillermo A., and Carmen M. Reinhart2002, Fear of Floating,The Quarterly Journal of Economics, Vol.CXVIIMay, No.2, pp Eichengreen, Barry1994, International Monetary Arrangements for the 21st Century, Washington D.C.: The Brookings Institution. Eichengreen, Barry, and Charles Wyplosz1993,The Unstable EMS,Brookings Papers on Economic Activity 1, pp Fischer, Stanley2001a,Distinguished Lecture on Economics in Government, Exchange Rate Regimes: Is the Bipolar View Correct?Journal of Economic Perspectives, Vol. 15 No.2Spring, pp Fischer, Stanley2001b,Ecuador and the International Monetary Fund,in Alberto Alesina and Robert J. Barroeds.Currency Unions, Stanford, CA.: Hoover Institution Press, pp Frankel, Jeffrey A.1999, No Single Currency Regime Is Right for All Countries or at All Times, Essays in International Finance No.215August. Frankel, Jeffrey A., and Andrew Rose1998,The Endogeneity of the Optimum Currency Area,The Economic Journal, Vol.108 No.449, pp Friedman, Milton1953,The Case for Flexible Exchange Rates,in Essays in Positive Economics, University of Chicago Press, pp Gerlach, Stefan, and Frank Smets1995,Contagious Speculative Attacks,European Journal of Political Economy, Vol.11, pp Ghosh, Atish R., Anne-Marie Gulde, Jonathan D. Ostry, and Holger C. Wolf1997,Does the Nominal Exchange Rate Regime Matter? NBER Discussion Paper Ghosh, Atish R., Anne-Marie Gulde, and Holger C. Wolf2002,Currency Boards: More than a Quick Fix,Economic Policy 31, pp Glick, Reuven, and Andrew K. Rose1998,Contagion and Trade: Why Are Currency Crises Regional? CEPR Discussion Paper No Goldstein, Morris2002, Managed Floating Plus, Washington D.C.: Institute for International Economics. Krueger, Anne2002, Crisis Prevention and Resolution: Lessons from Argentina,Speech at the Conference onthe Argentina Crisisheld on July 17, 2002, web-site: org/external /np/speeches/2002/ htm. Levy-Yeyati, Eduardo, and Federico Sturzenegger 2002,Classifying Exchange Rate Regimes: Deeds and Words,mimeograph, Universidad Torcuarto Di Tella. Mundel, Robert1961,Optimum Currency Area, American Economic Review, 51, pp Mussa, Michael, Paul Masson, Alexander Swoboda, Esteban Jadresic, Paolo Mauro, and Andrew Berg 2000,Exchange Rate Regimes in an Increasingly Integrated World Economy, IMF Occasional Paper 193. Obstfeld, Maurice, and Kenneth Rogoff1995,The Mirage of Fixed Exchange Rates,Journal of Economic Perspectives, Vol.9 No.4, pp Ogawa, Eiji2002,The US Dollar in the International Monetary System after the Asian Crisis, JBICI Discussion Paper No.1. Ogawa, Eiji, and Takatoshi Ito2000,On the Desirability of a Regional Basket Currency Arrangement,NBER Working Paper

22 Reinhart, Carmen M., and Kenneth S. Rogoff 2002, The Modern History of Exchange Rate Arrangements: A Reinterpretation,NBER Working Paper Tavlas, George1993,The New Theory of Optimum Currency Areas, World Economy, 33, pp Williamson, John2000, Exchange Rate Regimes for Emerging Markets: Reviving the Intermediate Option, Washington D.C.: Institute for International Economics. 156

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