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Currency Boards in Theory and Practice: The Case of Argentina

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  • John C.B. Cooper

    (Department of Economics, Glasgow Caledonian University, UK)

Abstract

Central banks in a number of countries have become engines of inflation through their money creating powers. To obviate this, some countries such as Argentina have adopted a currency board as an alternative form of monetary authority. This paper explains the mechanics of a currency board vis à vis a central bank and examines how the Argentinian economy has progressed from the establishment of its quasi-currency board in 1991 until March 2001.

Suggested Citation

  • John C.B. Cooper, 2002. "Currency Boards in Theory and Practice: The Case of Argentina," Journal of Interdisciplinary Economics, , vol. 13(4), pages 389-400, April.
    • Handle: RePEc:sae:jinter:v:13:y:2002:i:4:p:389-400
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