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A papirpenz konvertibilitasa es rendszere
[Convertibility and system of paper money]

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Author Info
Matić, Branko

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Abstract

The paper discusses the phenomenon of modern convertibility in paper currency system. Unlike the period of metal (mint) value and traditional convertibility, convertibility today has different aspects and dimensions. Furthermore, it is regulated by the International Monetary Fund, but it depends also on the recognition in bilateral and multilateral relations between states. A proclamation of convertibility and tying this to the name of a national currency (Bosnia and Herzegovina) is another recent precedent.

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File URL: http://mpra.ub.uni-muenchen.de/10426/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 10426.

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Date of creation: 2004
Date of revision: 2004
Handle: RePEc:pra:mprapa:10426

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Related research
Keywords: Convertibility and system of paper money;

Find related papers by JEL classification:
E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates

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