What Role for Currency Boards?

by John Williamson

To help overcome its financial crisis, Russia is being urged to create a currency board, which has met with success in other countries such as Argentina, Estonia, and Hong Kong. This study explains what a currency board is and how it differs from a central bank, and examines the advantages and disadvantages of each type of arrangement. The author concludes that currency boards may be quite attractive to small, open economies and a useful prop in those...

• Format: Paperback
• Language: English
• ISBN: 0881322229
• ISBN13: 9780881322224
• Release Date: September 1995
• Publisher: Peterson Institute for International Economic
• Length: 104 Pages
• Weight: 2.10 lbs.
• Dimensions: 0.2" x 6.0" x 9.0"