Myanmar has brought in experts from the Malaysian and Thai central banks to help with the transition.

WSJ: Myanmar Announces Currency Reform

Regional tensions have been further exacerbated by the different ways the various Central Asian countries have dealt with the post-Soviet transition.

ECONOMIST: The heavy costs of non-co-operation

SAFE, a division of the central bank, also confirmed that Beijing would manage the transition by implementing a series of small steps.

FORBES: China Says Yuan Will Be Fully Convertible Soon

Faull, a construction contractor from central Florida, moved this year to Belize "to transition to more adventures based in Belize, " his family said in a statement.

CNN: STORY HIGHLIGHTS

If recent developments in Slovakia and Slovenia are any guide, it seems that as the economies of east-central Europe converge with the EU15, so too will the transition region's attitude towards flat-rate taxation.

ECONOMIST: Will more of eastern Europe adopt flat-rate tax regimes?

The transition to the BBC's new London home, the central New Broadcasting House, began in October last year.

BBC: Madness

The transition to the corporation's new London home, New Broadcasting House, in central London, began in 2012.

BBC: Madness perform Television Centre gig

Rato said the transition to higher interest rates had gone smoothly so far but was not finished and urged central bankers to communicate their rate plans to markets to let them adjust.

CNN: Finance ministers urge vigilance