A survey of the institutional and operational aspects of modern-day currency boards

Corrinne Ho

No 110, BIS Working Papers from Bank for International Settlements

Abstract: This paper surveys the institutional and operational features of the six modern currency boards. The survey is developed around three key aspects: organisation, operations and legal foundation. By laying out the facts, this survey seeks to shed light on how and why modern currency boards in practice are different from the classic definition, and to distil from their features an updated definition and the revised "rules of the game".

JEL-codes: E42 E52 E58 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2002-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

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