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...

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Bibliographic Details
Format: eBook
Language:English
Published: Bern Peter Lang International Academic Publishing Group 2018
Series:cege-Schriften
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