Independent Currency Authorities : An Analytic Primer /

This paper provides an analytic overview of independent currency authorities (ICAs), sometimes called currency boards. ICAs issue and redeem domestic currency against an exchange standard on demand and back such operations through a 100 percent marginal foreign reserve cover. They also impose signif...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Osband, Kent
Muut tekijät: Villanueva, Delano
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1992.
Sarja:IMF Working Papers; Working Paper ; No. 1992/050
Linkit:Full text available on IMF