Download Any Book Currency Boards

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Currency Boards High quality books

Currency Boards
By:Mr. Atish R. Ghosh
Published on 1998-01-01 by International Monetary Fund

The growing integration of world capital markets has made it fashionable to argue that only extreme exchange rate regimes are sustainable. Short of adopting a common currency, currency board arrangements represent the most extreme form of exchange rate peg. This paper compares the macroeconomic performance of countries with currency boards to those with other forms of pegged exchange rate regime. Currency boards are indeed associated with better inflation performance, even allowing for potential endogeneity of the choice of regime. Perhaps more surprisingly, this better inflation performance is accompanied by higher output growth.

This Book was ranked at 9 by Google Books for keyword Currency.

Book ID of Currency Boards's Books is jWpI4DwwbI8C, Book which was written byMr. Atish R. Ghoshhave ETAG "QzO7XFmZaEs"

Book which was published by International Monetary Fund since 1998-01-01 have ISBNs, ISBN 13 Code is 9781451890662 and ISBN 10 Code is 1451890664

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