Dual currency boards : a proposal for currency stability /

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Bibliographic Details
Author / Creator:Oppers, Stefan E. (Stefan Erik)
Imprint:[Washington, D.C.] : International Monetary Fund, Office in Europe, ©2000.
Description:1 online resource (14 pages) : illustrations
Language:English
Series:IMF working paper, 2227-8885 ; WP/00/199
IMF working paper ; WP/00/199.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497020
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Other authors / contributors:International Monetary Fund. Office in Europe.
ISBN:1282020021
9781282020023
1451905467
9781451905465
1462347827
9781462347827
1452756236
9781452756233
9786613796110
6613796115
Notes:Includes bibliographical references (page 14).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:Currency boards (CBs) have been successful vehicles for importing monetary stability in a number of countries in the 1990s (see Baliño and Enoch, 1997, for an overview). Much has been made of the virtues of this hardest of pegs (save a currency union): it ensures establishment of low inflation virtually overnight and a significant reduction of currency risk premiums, but allows the CB country to retain its own currency, thereby preserving a degree of national sovereignty (and with it an exit strategy from the arrangement), as well as the ability to collect seigniorage.
Other form:Print version: Oppers, Stefan E. (Stefan Erik). Dual currency boards. [Washington, D.C.] : International Monetary Fund, Office in Europe, ©2000
Standard no.:10.5089/9781451905465.001