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What Role for Currency Boards? (Paperback) Loot Price: R414
Discovery Miles 4 140
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What Role for Currency Boards? (Paperback): John Williamson

What Role for Currency Boards? (Paperback)

John Williamson

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Loot Price R414 Discovery Miles 4 140

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To help overcome its financial crisis, Russia is being urged to create a currency board, which has met with success in other countries such as Argentina, Estonia, and Hong Kong. This study explains what a currency board is and how it differs from a central bank, and examines the advantages and disadvantages of each type of arrangement. The author concludes that currency boards may be quite attractive to small, open economies and a useful prop for those emerging from a very deep macroeconomic crisis, but that their disadvantages outweigh these attractions in most large countries.

General

Imprint: The Peterson Institute for International Economics
Country of origin: United States
Release date: September 1995
First published: September 1995
Authors: John Williamson
Dimensions: 229 x 152 x 15mm (L x W x T)
Format: Paperback
Pages: 104
ISBN-13: 978-0-88132-222-4
Categories: Books > Business & Economics > Economics > Political economy
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
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LSN: 0-88132-222-9
Barcode: 9780881322224

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