Pros and Cons of Currency Board Arrangements in the Lead-Up to EU Accession and Participation in the Euro Zone /

Historically, countries with currency board arrangements (CBAs) have experienced lower inflation and higher growth than those with other regimes. The experiences of three candidates for EU membership with CBAs (Estonia, Lithuania, and Bulgaria) have also been generally favorable. Can CBAs serve thes...

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Detalles Bibliográficos
Autor Principal: Gulde, Anne
Outros autores: Kahkonen, Juha, Keller, Peter
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2000/001
Acceso en liña:Full text available on IMF

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