A Market Economy Manifesto for Bulgaria
In: Johns Hopkins Institute for Applied Economics, Global Health and the Study of Business Enterprise, Studies in Applied Economics, Working Paper No. 5
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In: Johns Hopkins Institute for Applied Economics, Global Health and the Study of Business Enterprise, Studies in Applied Economics, Working Paper No. 5
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Working paper
In: Johns Hopkins Institute for Applied Economics, Global Health, and Study of Business Enterprise Currency Board Working Paper No. 2
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Working paper
In: 8th International Gottfried von Haberler Conference, European Center for Austrian Economics Foundation, June 2012
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In: Central Banking, Volume XVIII, Issue 1
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In: The journal of economic history, Volume 63, Issue 3, p. 886-888
ISSN: 1471-6372
In: The Dollarization Debate. Dominick Salvatore, James W. Dean and Thomas D. Willett, eds., Oxford University Press, 2003
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In: The Annals of the American Academy of Political and Social Science, Volume 579, Issue 1, p. 87-87
ISSN: 0000-0000
In: The annals of the American Academy of Political and Social Science, Volume 579, p. 87-105
ISSN: 0002-7162
In contrast to central banks, currency boards are rule-bound monetary institutions without discretionary monetary policies. Currency boards first appeared in the mid-nineteenth century, were widespread prior to World War II, were replaced by central banks after the war, & have made something of a resurgence in the 1990s. This article discusses the distinguishing features of currency boards & central banks. Data that compare the performance of currency boards to that of central banks are presented. The arguments against currency boards are itemized & evaluated. The article concludes that the opposition to currency boards ignores the empirical evidence & is, at best, half baked. In developing countries, currency boards are superior to central banks. By applying a remediableness criterion, the article concludes that there are more than sixty countries that should replace their central banks with currency boards. 9 Tables, 43 References. [Copyright 2002 Sage Publications, Inc.]
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In: Central Banking, Volume VII, Issue 3
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In: International Treasurer, January 9, 1995
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In: Politique Internationale, No. 80, Summer 1998
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In: Proceedings of the Academy of Political Science, Volume 36, Issue 3, p. 1
In: Proceedings of the Academy of Political Science, Volume 36, Issue 3, p. 1-214
ISSN: 0065-0684