Currency Board Arrangements. Rationale for Their Introduction, Advantages and Disadvantages

Idioma: inglés

Editorial: Diplom.De Mrz 2003, 2003

383866549X / 9783838665498

  • Tapa blanda
  • Nuevo
Ver todos los detalles

Librería: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, AlemaniaBuchWeltWeit Ludwig Meier e.K.

Vendedor de 5 estrellas

Vendedor de IberLibro desde 11 de enero de 2012

Tapa blanda

Condición: Nuevo

EUR 68,00

Envío por EUR 23,00 
Se envía de Alemania a Estados Unidos de America

Cantidad disponible: 2 disponibles

Añadir al carrito
Devoluciones gratuitas de 30 días

Descripción del artículo del vendedor

This item is printed on demand - it takes 3-4 days longer - Neuware -Diploma Thesis from the year 2002 in the subject Business economics - Trade and Distribution, grade: 1,5, Graduate Institute of International and Development Studies (unbekannt), language: English, abstract: Inhaltsangabe:Abstract:Currency board arrangements, under which domestic currency can be issued only to the extent that it is fully covered by the central bank s holdings of foreign exchange, were long generally dismissed as throwbacks to the colonial era. It was argued that such a rigid, rule-based arrangement was not well suited to diversified economies in many of which the authorities had developed sophisticated skills in monetary management. Instead, currency boards were seen as desirable in very small open economies (such as city-states for example). In 1960, 38 countries or territories were operating under a currency board. By 1970, they were 20 and, by the late 1980s, only 9.In the last decade the interest for Currency Board Arrangement (hereinafter CBA) renewed because of its simplicity, transparency, and rule-bound character. It became evident after the successful efforts made by two transition economies-Estonia and Lithuania-which quickly managed to achieve credibility for their newly established currencies. In 1997, a currency board arrangement was introduced in Bulgaria to end the economic crisis. Soon after, Bosnia and Herzegovina followed. In 1998 there have been discussions on establishing a currency board arrangement in Russia. More recently the newly appointed Finance Minister of Poland initiated a debate on pegging the Polish zloty to the euro through a CBA.This paper previews the history of the colonial and modern currency boards and presents the benefits of such a system for the newly emerged transition economies in Eastern Europe and Bulgaria especially. First, we will present a brief description of the currency board system.Currency Board Arrangements after falling into oblivion during much of the post-war period, staged a remarkable comeback mainly in Central and Eastern Europe countries. Estonia, Lithuania, Bulgaria and Bosnia and Herzegovina have introduced this particular monetary framework and as a result have managed to break inflationary inertia, to bolster the credibility of the monetary authorities and to instill macroeconomic discipline. Inhaltsverzeichnis:Table of Contents:I.Introduction1.What is a currency board 2.What a currency board is not II.Origins of the Currency Board1.Intellectual origin of the currency board system2.Early Currency Board Systems3.Decline of the Currency Board system. Reasons4.Currency board system in nowadaysIII.Currency Board system and Countries in transition1.Factors determining the choice of monetary regime in Central and Eastern Europe2.Recent currency boars-like systems in the countries in transition. Estonia, Lithuania, Bosnia and Herzegovina3.Advantages and Disadvantages from a country in transition view, theoretical discussion4.Performance. Empirical evidenceIV.The case of Bulgaria1.Reasons for introduction of the currency-board system in Bulgaria. The collapse of the financial system2.Structure and Practical Implementation3.Analysis of the Macroeconomic framework before and after the establishment of a CBA in Bulgaria. The role of the CBA in Bulgaria`s after-crisis stabilization4.The benefits of the Currency Board system in Bulgaria. A critical regard five years afterV.ConclusionVI.Bibliography 84 pp. Englisch.…

N° de ref. del artículo 9783838665498

Título
Currency Board Arrangements. Rationale for Their Introduction, Advantages and Disadvantages
Autor
Svetoslav Pintev
Editorial
Diplom.De Mrz 2003
Año de publicación
2003
Estado
Neu
Encuadernación
Taschenbuch
Idioma
inglés
ISBN 10
383866549X
ISBN 13
9783838665498
Peso del artículo
135 gramos
Dimensiones
210x148x7 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Alemania

Vendedor de 5 estrellas

Vendedor de IberLibro desde 11 de enero de 2012

Tarifas de envío de Alemania a Estados Unidos de America

ArtículoDe 5 a 15 días hábilesDe 5 a 15 días hábiles
Primer artículoEUR 23,00EUR 23,00
Los plazos de entrega los establecen los vendedores y varían según el transportista y la ubicación. Los pedidos que pasan por la aduana pueden sufrir retrasos y los compradores son responsables de los aranceles o tarifas asociadas. Los vendedores pueden ponerse en contacto con usted en relación con cargos adicionales para cubrir cualquier aumento en los costes de envío de los artículos.

Métodos de pago

  • Visa
  • Mastercard
  • American Express
  • Carte Bleue
  • Apple Pay
  • Google Pay
  • Cheque
  • Giro bancario
  • PayPal

Información empresarial del vendedor

BuchWeltWeit Ludwig Meier e.K.

Alemania