THE CURRENCY BOARD OF BRUNEI DARUSSALAM

Jonah Bennett
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Jonah Bennett: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

No 162, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: Since 1967, Brunei Darussalam has employed a currency board, capable of regulating inflation and government spending, as its monetary system. This paper examines the history and formation of the currency board in Brunei Darussalam and analyzes its orthodoxy throughout its existence. A workbook with balance sheets compiled from 1967-1987 and 1998-2020 accompanies this paper. An appendix of the legislative history of Brunei Darussalam’s currency board can also be found at the end of this paper.

Keywords: Brunei; currency board; orthodox (search for similar items in EconPapers)
JEL-codes: E59 N15 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2020-08
New Economics Papers: this item is included in nep-his, nep-mac, nep-mon and nep-ore
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jhisae:0162

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