Currency board arrangements : issues and experiences /

This paper provides a comprehensive analysis of the attractions and disadvantages of currency board arrangements in their various institutional configurations. It asks what defines a currency board arrangement, what are their strengths and weaknesses, and what constraints they place on macroeconomic...

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Bibliographic Details
Other Authors: Baliño, Tomás J. T. (Tomás José Teodoro)
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997
Series:Occasional paper (Fondo Monetario Internacional) 151
Subjects:

MARC

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245 0 0 |a Currency board arrangements :  |b issues and experiences /  |c by a staff team led by Tomás J. T. Baliño and Charles Enoch. 
260 |a Washington, D.C. :  |b International Monetary Fund,  |c 1997 
300 |a v, 52 p. 
490 1 |a occasional paper ;  |v 151 
504 |a Bibliografía: p. 48-50. 
505 0 |a 1. Definitions and basic featues -- 2. Considerations for adopting a currency borad -- 3. Scope for monetary policy and lender-of-last-resort support -- 4. Implications of currency board arrangements for the design of IMF-supported programs -- Appendix. 
520 3 |a This paper provides a comprehensive analysis of the attractions and disadvantages of currency board arrangements in their various institutional configurations. It asks what defines a currency board arrangement, what are their strengths and weaknesses, and what constraints they place on macroeconomic policies. It also reviews country experiences with these arrangements. 
541 |c Donación Banco Central de la República Argentina 
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700 1 |9 15427  |a Baliño, Tomás J. T.  |q (Tomás José Teodoro) 
830 0 |9 7572  |a Occasional paper (Fondo Monetario Internacional)  |v 151 
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