Achieving Sustainable Financial Transactions under Regimes without a Central Bank—An Intertemporal Comparison

In this paper, by performing an intertemporal comparison, we investigate two monetary policy regimes where a central bank is absent, and we further refer on the mechanisms they developed so as to ensure the reliability of transactions between the parties involved. In particular, we mainly focus on t...

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Bibliographic Details
Main Authors: Emmanouil M. L. Economou, Nikolaos A. Kyriazis
Format: Article
Language:English
Published: MDPI AG 2021-01-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/13/3/1071