Browse

You are looking at 1 - 1 of 1 items for :

  • Macroeconomics and Monetary Economics x
  • Foreign exchange reserves x
  • Macroeconomics x
  • Brunei Darussalam x
Clear All
Mr. Charles Enoch and Mr. Tomás J. T. Baliño

Abstract

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.