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Most trade is invoiced in very few currencies. Despite this, the Mundell-Fleming benchmark ...

This pamphlet describes the financial structure and operations of the IMF, as well as the sources...

This paper provides an analytic overview of independent currency authorities (ICAs), sometimes...

Analyzes the costs and benefits of full dollarization, or the adoption by one country of another...

The IMF Working Papers series is designed to make IMF staff research available to a wide...

The paper presents a simple framework for the analysis of the macroeconomic implications of...