European Parliament Library

An institutional framework for comparing emerging market currency boards, Marie-Thérèse Camilleri Gilson

Label
An institutional framework for comparing emerging market currency boards, Marie-Thérèse Camilleri Gilson
Language
eng
Bibliography note
Includes bibliographical references
Index
no index present
Literary Form
non fiction
Main title
An institutional framework for comparing emerging market currency boards
Nature of contents
bibliographydictionaries
Responsibility statement
Marie-Thérèse Camilleri Gilson
Series statement
IMF Working Paper, WP/04/180
Table Of Contents
""Contents""; ""I. INTRODUCTION ""; ""II. MOTIVATIONS FOR ESTABLISHMENT OF CURRENCY BOARD ARRANGEMENTS (CBAS)""; ""A. Fiscal Issues and Overall Policy Consistency""; ""B. Inflation Convergence""; ""C. Relative Prices ""; ""D. Flexibility in the Real Economy ""; ""E. Evaluating Costs of a CBA""; ""F. How CBAs May Contribute to Monetary Credibility ""; ""III. STATUTORY FEATURES ASSOCIATED WITH CREDIBILITY""; ""A. Methodological Issues Underlying Assessment of Precommitment""; ""B. Defining the Index of Statutory Precommitment ""; ""C. Quantifying CBA Deviation from Theoretical Benchmark """"D. Discussion of Results""""IV. EXIT ISSUES""; ""V. CONCLUDING REMARKS ""; ""WORKINGS OF A CURRENCY BOARD: THE THEORETICAL BENCHMARK""; ""REFERENCES""