Currency Board Arrangements Issues and Experiences

This 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...

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Bibliographic Details
Main Author: Enoch, Charles
Other Authors: Baliño, Tomás
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:Occasional Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This 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
Physical Description:43 pages
ISBN:9781557756688