The Role of the Currency Board in Bulgaria's Stabilization /
This paper focuses on the process leading to the choice of a currency board as a stabilization instrument, and its specific design. The use of a currency board was complicated and controversial because of serious structural problems, including a systemic banking crisis. It argues that the arrangemen...
Main Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1999.
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Series: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 1999/003 |
Online Access: | Full text available on IMF |