Estonian currency board and economic performance
South African Journal of Economic and Management Sciences
Field | Value | |
Title | Estonian currency board and economic performance | |
Creator | Sõrg, M. | |
Description | The sole function of an orthodox (or "pure") currency board was to issue paper money fully backed by foreign assets, for which it was exchangeable at a fixed rate. Present-day currency board arrangements, however, are usually coupled with certain instruments of monetary policy too, albeit less extensive than in the case of conventional central banks. This paper sketches the establishment of the Estonian currency board in 1992, and its subsequent impact on the economic reform and performance in Estonia. | |
Publisher | AOSIS Publishing | |
Date | 1998-09-30 | |
Identifier | 10.4102/sajems.v1i3.2557 | |
Source | South African Journal of Economic and Management Sciences; Vol 1, No 3 (1998); 463-482 2222-3436 1015-8812 | |
Language | eng | |
Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/2557/1369
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