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Currency board arrangements : issues and experiences

By: Material type: TextTextPublication details: IMF WashingtonUS 1997Description: v, 52 pAction note:
  • 3/7/00 M2LMGR
Summary: Reviews the costs and benefits of currency board arrangements (CBAs) and discusses the main conditions for entry. Discusses the trade-off between flexibility and credibility in CBAs and whether they should best be viewed as transitional arrangements.
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Reviews the costs and benefits of currency board arrangements (CBAs) and discusses the main conditions for entry. Discusses the trade-off between flexibility and credibility in CBAs and whether they should best be viewed as transitional arrangements.

3/7/00 M2LMGR

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