TY - BOOK AU - Baliño,Tomás J.T. TI - Currency board arrangements: issues and experiences T2 - occasional paper SN - 1557756686 U1 - 332.45 21 PY - 1997/// CY - Washington, D.C. PB - International Monetary Fund KW - POLITICA MONETARIA KW - CAJA DE CONVERSION KW - TIPO DE CAMBIO KW - CAMBIO EXTERIOR N1 - Bibliografía: p. 48-50; 1. Definitions and basic featues -- 2. Considerations for adopting a currency borad -- 3. Scope for monetary policy and lender-of-last-resort support -- 4. Implications of currency board arrangements for the design of IMF-supported programs -- Appendix N2 - This paper provides a comprehensive analysis of the attractions and disadvantages of currency board arrangements in their various institutional configurations. It asks what defines a currency board arrangement, what are their strengths and weaknesses, and what constraints they place on macroeconomic policies. It also reviews country experiences with these arrangements ER -