Currency Board Arrangements: Issues and Experiences

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Currency Board Arrangements: Issues and Experiences by Charles Mr. Enoch, Tomás Mr. Baliño, INTERNATIONAL MONETARY FUND
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Author: Charles Mr. Enoch, Tomás Mr. Baliño ISBN: 9781452792712
Publisher: INTERNATIONAL MONETARY FUND Publication: September 5, 1997
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Charles Mr. Enoch, Tomás Mr. Baliño
ISBN: 9781452792712
Publisher: INTERNATIONAL MONETARY FUND
Publication: September 5, 1997
Imprint: INTERNATIONAL MONETARY FUND
Language: English
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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.

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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.

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