The Estonian Currency Board : Its Introduction and Role in the Early Success of Estonia's Transition to a Market Economy /

This paper reviews the history of the introduction of the Estonian kroon under a currency board arrangement. On June 20, 1992, Estonia became the first country from the former Soviet Union to abandon the Russian ruble and introduce its own currency. The paper looks at the factors behind this decisio...

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Bibliographic Details
Main Author: Sutt, Andres
Other Authors: Knobl, Adalbert, Zavoiceo, Basil
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/096
Online Access:Full text available on IMF

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