What Role for Currency Boards? by Williamson, John

What Role for Currency Boards? (Paperback) (ISBN-13: 9780881322224)

Vendor: John Williamson
Product type: Books
Format: Paperback
$12.95
$12.95
$12.95
Subtotal: $12.95
What Role for Currency Boards? by Williamson, John

What Role for Currency Boards?

$12.95
What Role for Currency Boards? by Williamson, John

What Role for Currency Boards?

$12.95
Format: Paperback
Description
Description
x
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.

Author: John Williamson
ISBN-10: 0881322229
ISBN-13: 9780881322224
Publisher: Peterson Institute for International Economic
Language: English
Published: 09/01/1995
Pages: 104
Format: Paperback
Weight: 0.20lbs
Size: 9.01h x 6.03w x 0.24d
By John Williamson
By John Williamson
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John Williamson, senior fellow (retired), was associated with the Institute from 1981 to 2012. He was project director for the UN High-Level Panel on Financing for Development (the Zedillo Report) in 2001; on leave as chief economist for South Asia at the World Bank during 1996-99; economics professor at Pontifica Universidade Catica do Rio de Janeiro (1978-81), University of Warwick (1970-77), Massachusetts Institute of Technology (1967, 1980), University of York (1963-68), and Princeton University (1962-63); adviser to the International Monetary Fund (1972-74); and economic consultant to the UK Treasury (1968-70).

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