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The Currency Board in Estonia, Lithuania and Bulgaria: Comparative Analysis

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Author Info
Nikolay Nenovsky

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Abstract

The accent is put on the institutional and functional characteristics of the three currency boards as well as on the historical and political context of their implementation. The tasks of the investigation can be summarized down to two: descriptive – systematizing and summarizing the facts concerning the functioning of the three currency boards; theoretical – the advancement of some hypotheses concerning the functioning of the currency boards. Special attention is paid to the “automated mechanism” of the currency board as an advantage compared to the traditional central bank.

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Publisher Info
Article provided by Bulgarian Academy of Sciences - Institute of Economics in its journal Economic Thought.

Volume (Year): (2001)
Issue (Month): 3 ()
Pages: 24-45
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Handle: RePEc:bas:econth:y:2001:i:3:p:24-45

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Find related papers by JEL classification:
E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization
E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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This page was last updated on 2009-12-3.


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