Currency Board Arrangements: Issues and Experiences
AbstractThis 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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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Occasional Papers with number 151.
Date of creation: 05 Sep 1997
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