What role for currency boards? / John Williamson.
Tipo de material: TextoSeries Policy analyses in international economics ; 40Detalles de publicación: Washington, D.C. : Institute for International Economics, 1995Descripción: 44 pISBN:- 0881322229
- 332.414
Tipo de ítem | Biblioteca actual | Signatura topográfica | URL | Estado | Fecha de vencimiento | Código de barras | |
---|---|---|---|---|---|---|---|
Libro | Biblioteca Manuel Belgrano | F-D 332.414 W 19589 (Navegar estantería(Abre debajo)) | Enlace al recurso | Disponible | 19589 F |
Bibliografía: p. 43-44.
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 emerging from a very deep macroeconomic crisis, but that their disadvantages outweigh these attractions in most large countries.
No hay comentarios en este titulo.