000 02575naaaa2200493uu 4500
001 https://directory.doabooks.org/handle/20.500.12854/28980
020 _ab14167
024 7 _a10.3726/b14167
_cdoi
041 0 _aEnglish
042 _adc
072 7 _aJP
_2bicssc
072 7 _aKCA
_2bicssc
072 7 _aKCBM
_2bicssc
072 7 _aKCZ
_2bicssc
100 1 _aStukenbrock, Kai
_4auth
245 1 0 _aThe Stability of Currency Boards
260 _aBern
_bPeter Lang International Academic Publishing Group
_c2018
300 _a1 electronic resource (238 p.)
506 0 _aOpen Access
_2star
_fUnrestricted online access
520 _aThe 1990s saw a revival of the currency board system, and proponents have advocated it as an easy-to-set-up exchange rate arrangement providing effective stabilization of the economy. However, the experience of Argentina has highlighted the risks of having a currency board. This study presents both the potential benefits, as well as the risks, of having a currency board by examining the stability of the currency board arrangement and identifying factors affecting the stability. The analysis is based on second-generation currency crisis models, extended to incorporate currency-board specific features and to account for particular aspects often found in currency-board economies.
540 _aCreative Commons
_fhttps://creativecommons.org/licenses/by/4.0/legalcode
_2cc
_4https://creativecommons.org/licenses/by/4.0/legalcode
546 _aEnglish
650 7 _aPolitics & government
_2bicssc
650 7 _aEconomic theory & philosophy
_2bicssc
650 7 _aMonetary economics
_2bicssc
650 7 _aEconomic history
_2bicssc
653 _aArgentina
653 _aBoards
653 _aCurrency
653 _aCurrency Board
653 _aCurrency Crisis
653 _aEstonia
653 _aExchange Rate
653 _aForeign-Currency Debt
653 _aHong Kong
653 _aLithuania
653 _aStabilitätspolitik
653 _aStability
653 _aStukenbrock
856 4 0 _awww.oapen.org
_uhttps://library.oapen.org/bitstream/20.500.12657/26710/1/1003350.pdf
_70
_zDOAB: download the publication
856 4 0 _awww.oapen.org
_uhttps://library.oapen.org/bitstream/20.500.12657/26710/1/1003350.pdf
_70
_zDOAB: download the publication
856 4 0 _awww.oapen.org
_uhttps://library.oapen.org/bitstream/20.500.12657/26710/1/1003350.pdf
_70
_zDOAB: download the publication
856 4 0 _awww.oapen.org
_uhttps://directory.doabooks.org/handle/20.500.12854/28980
_70
_zDOAB: description of the publication
999 _c56487
_d56487