Currency Boards in Retrospect and Prospect

by Atish R. Ghosh, Helge Berger, Anne-Marie Gulde, et al.

An authoritative analysis that employs economic theory, cross-country empirical comparison, and case studies to analyze the effect of currency boards on inflation, output growth and macroeconomic performance.

Currency boards, more so than other exchange rate regimes, have come in and out of fashion. Defined by a fixed exchange rate with full convertibility, central bank liabilities backed with foreign exchange reserves, and a high...

• Format: Hardcover
• Language: English
• ISBN: 0262232650
• ISBN13: 9780262232654
• Release Date: April 2008
• Publisher: MIT Press
• Length: 262 Pages
• Weight: 1.11 lbs.
• Dimensions: 0.9" x 6.5" x 9.2"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher