LIBROS DEL AUTOR: svetoslav pintev

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  • Currency Board Arrangements. Rationale for Their Introduction, Advantages and Disadvantages
    Svetoslav Pintev
    Inhaltsangabe:Abstract: Currency board arrangements, under which domestic currency can be issued only to the extent that it is fully covered by the central bank’s holdings of foreign exchange, were long generally dismissed as throwbacks to the colonial era. It was argued that such a rigid, rule-based arrangement was not well suited to diversified economies in many of which the...
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