The Stability of Currency Boards
The 1990s saw a revival of the currency board system, and proponents have advocated it as an easy-to-set-up exchange rate arrangement providing effective stabilization of the economy. However, the experience of Argentina has highlighted the risks of having a currency board. This study presents both...
Saved in:
| Main Author: | |
|---|---|
| Format: | Book Chapter |
| Published: |
Bern
Peter Lang International Academic Publishing Group
2018
|
| Subjects: | |
| Online Access: | Get Fullteks DOAB: description of the publication |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| LEADER | 02226naaaa2200457uu 4500 | ||
|---|---|---|---|
| 001 | doab_20_500_12854_28980 | ||
| 020 | |a b14167 | ||
| 024 | 7 | |a 10.3726/b14167 |c doi | |
| 041 | 0 | |a English | |
| 042 | |a dc | ||
| 072 | 7 | |a JP |2 bicssc | |
| 072 | 7 | |a KCA |2 bicssc | |
| 072 | 7 | |a KCBM |2 bicssc | |
| 072 | 7 | |a KCZ |2 bicssc | |
| 100 | 1 | |a Stukenbrock, Kai |4 auth | |
| 245 | 1 | 0 | |a The Stability of Currency Boards |
| 260 | |a Bern |b Peter Lang International Academic Publishing Group |c 2018 | ||
| 300 | |a 1 electronic resource (238 p.) | ||
| 506 | 0 | |a Open Access |2 star |f Unrestricted online access | |
| 520 | |a The 1990s saw a revival of the currency board system, and proponents have advocated it as an easy-to-set-up exchange rate arrangement providing effective stabilization of the economy. However, the experience of Argentina has highlighted the risks of having a currency board. This study presents both the potential benefits, as well as the risks, of having a currency board by examining the stability of the currency board arrangement and identifying factors affecting the stability. The analysis is based on second-generation currency crisis models, extended to incorporate currency-board specific features and to account for particular aspects often found in currency-board economies. | ||
| 540 | |a Creative Commons |f https://creativecommons.org/licenses/by/4.0/legalcode |2 cc |4 https://creativecommons.org/licenses/by/4.0/legalcode | ||
| 546 | |a English | ||
| 650 | 7 | |a Politics & government |2 bicssc | |
| 650 | 7 | |a Economic theory & philosophy |2 bicssc | |
| 650 | 7 | |a Monetary economics |2 bicssc | |
| 650 | 7 | |a Economic history |2 bicssc | |
| 653 | |a Argentina | ||
| 653 | |a Boards | ||
| 653 | |a Currency | ||
| 653 | |a Currency Board | ||
| 653 | |a Currency Crisis | ||
| 653 | |a Estonia | ||
| 653 | |a Exchange Rate | ||
| 653 | |a Foreign-Currency Debt | ||
| 653 | |a Hong Kong | ||
| 653 | |a Lithuania | ||
| 653 | |a Stabilitätspolitik | ||
| 653 | |a Stability | ||
| 653 | |a Stukenbrock | ||
| 856 | 4 | 0 | |a www.oapen.org |u https://library.oapen.org/bitstream/20.500.12657/26710/1/1003350.pdf |7 0 |z Get Fullteks |
| 856 | 4 | 0 | |a www.oapen.org |u https://directory.doabooks.org/handle/20.500.12854/28980 |7 0 |z DOAB: description of the publication |