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Currency Board Monetary System: The Case of British Honduras (1894-1976)

Author

Listed:
  • Wessells, Preston

    (The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise)

Abstract

We provide a historical summary, legislative history, and the first spreadsheet data series of the British Honduras Board of Commissioners of Currency (1894-1976) and examine to what extent it operated as a currency board using statistical tests. This paper makes the annual balance sheets of the currency board available in machine-readable form for the first time, in a companion spreadsheet workbook.

Suggested Citation

  • Wessells, Preston, 2016. "Currency Board Monetary System: The Case of British Honduras (1894-1976)," Studies in Applied Economics 60, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    • Handle: RePEc:ris:jhisae:0060
    as

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    File URL: https://sites.krieger.jhu.edu/iae/files/2017/04/British-Honduras-Currency-Board.pdf
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    References listed on IDEAS

    as
    1. Steve H. Hanke, 2008. "Friedman: Float or Fix?," Cato Journal, Cato Journal, Cato Institute, vol. 28(2), pages 275-285, Winter.
    2. Anonymous, 1951. "International Monetary Fund," International Organization, Cambridge University Press, vol. 5(1), pages 206-209, February.
    3. Anonymous, 1951. "International Monetary Fund," International Organization, Cambridge University Press, vol. 5(3), pages 602-605, August.
    4. Anonymous, 1951. "International Monetary Fund," International Organization, Cambridge University Press, vol. 5(4), pages 797-799, November.
    5. Anonymous, 1951. "International Monetary Fund," International Organization, Cambridge University Press, vol. 5(2), pages 380-382, May.
    6. Steve Hanke, 2002. "On dollarization and currency boards: Error and deception," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 5(4), pages 203-222.
    7. The Editors, 1955. "Evolution of a System," Challenge, Taylor & Francis Journals, vol. 3(5), pages 16-18, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Belize; British Honduras; currency board;
    All these keywords.

    JEL classification:

    • E59 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Other
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean

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