Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/182695 
Autor:innen: 
Erscheinungsjahr: 
2004
Schriftenreihe/Nr.: 
cege-Schriften No. 8
Verlag: 
Peter Lang International Academic Publishers, Berlin
Zusammenfassung: 
The 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.
Persistent Identifier der Erstveröffentlichung: 
ISBN: 
978-3-631-75699-7
Creative-Commons-Lizenz: 
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Dokumentart: 
Book
Dokumentversion: 
Digitized Version

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