Currency board arrangements: issues and experiences

This paper provides a comprehensive analysis of the attractions and disadvantages of currency board arrangements in their various institutional configurations. It asks what defines a currency board arrangement, what are their strengths and weaknesses, and what constraints they place on macroeconomic...

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Hauptverfasser: Baliño, Tomás J. T. (VerfasserIn), Enoch, Charles (VerfasserIn)
Körperschaft: Internationaler Währungsfonds (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 1997
Schriftenreihe:Occasional papers Occasional paper no. 151
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Zusammenfassung:This paper provides a comprehensive analysis of the attractions and disadvantages of currency board arrangements in their various institutional configurations. It asks what defines a currency board arrangement, what are their strengths and weaknesses, and what constraints they place on macroeconomic policies. It also reviews country experiences with these arrangements
Beschreibung:1 1 Online-Ressource (v, 52 Seiten) diagrams
ISBN:1557756686
9781557756688

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