IDEAS home Printed from https://ideas.repec.org/a/pid/journl/v8y1968i2p167-191.html
   My bibliography  Save this article

Liberalization of the Foreign Exchange Market

Author

Listed:
  • FRANK C. CHILD

    (Pakistan Institute of Development Economics.)

Abstract

There is a pattern in the evolution of exchange control systems'. A typical sequence of events is: Phase 1, implementation-in response to a serious balance-of-payments deficit, a free foreign-exchange market is abandoned in favour of price control and rationing of foreign exchange. Initially exchange control applies only to major categories of receipts and payments but is rapidly extended to cover all external transactions.

Suggested Citation

  • Frank C. Child, 1968. "Liberalization of the Foreign Exchange Market," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 8(2), pages 167-191.
    • Handle: RePEc:pid:journl:v:8:y:1968:i:2:p:167-191
    as

    Download full text from publisher

    File URL: http://www.pide.org.pk/pdf/PDR/1968/Volume2/167-191.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Usman Qadir (ed.), 2024. "Wheels Of Change: Tracing Pakistans Automotive Evolution Through Political Economy And Technology Acquisition," PIDE Books, Pakistan Institute of Development Economics, number 2024:08.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pid:journl:v:8:y:1968:i:2:p:167-191. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Khurram Iqbal (email available below). General contact details of provider: https://edirc.repec.org/data/pideipk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.