Currency Board Arrangements: Issues and Experiences
Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
| 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 |
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.
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.
