| Description |
1 online resource (14 pages) : illustrations |
| Series |
IMF working paper, 2227-8885 ; WP/00/199 |
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IMF working paper ; WP/00/199.
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| Summary |
Currency boards (CBs) have been successful vehicles for importing monetary stability in a number of countries in the 1990s (see Baliño and Enoch, 1997, for an overview). Much has been made of the virtues of this hardest of pegs (save a currency union): it ensures establishment of low inflation virtually overnight and a significant reduction of currency risk premiums, but allows the CB country to retain its own currency, thereby preserving a degree of national sovereignty (and with it an exit strategy from the arrangement), as well as the ability to collect seigniorage |
| Bibliography |
Includes bibliographical references (page 14) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
|
English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Currency boards.
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Foreign exchange rates.
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Currency convertibility.
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Money -- Tables.
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Money
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Currency boards
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Currency convertibility
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Foreign exchange rates
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| Genre/Form |
Tables
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| Form |
Electronic book
|
| Author |
International Monetary Fund. Office in Europe.
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| ISBN |
1282020021 |
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9781282020023 |
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1451905467 |
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9781451905465 |
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1462347827 |
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9781462347827 |
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1452756236 |
|
9781452756233 |
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9786613796110 |
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6613796115 |
|
