The Argentine Currency Board
Title | The Argentine Currency Board PDF eBook |
Author | Miguel Alberto Kiguel |
Publisher | |
Pages | 64 |
Release | 1999 |
Genre | Currency boards |
ISBN |
Straining at the Anchor
Title | Straining at the Anchor PDF eBook |
Author | Gerardo della Paolera |
Publisher | University of Chicago Press |
Pages | 296 |
Release | 2007-12-01 |
Genre | Business & Economics |
ISBN | 0226645584 |
The "Argentine disappointment"—why Argentina persistently failed to achieve sustained economic stability during the twentieth century—is an issue that has mystified scholars for decades. In Straining the Anchor, Gerardo della Paolera and Alan M. Taylor provide many of the missing links that help explain this important historical episode. Written chronologically, this book follows the various fluctuations of the Argentine economy from its postrevolutionary volatility to a period of unprecedented prosperity to a dramatic decline from which the country has never fully recovered. The authors examine in depth the solutions that Argentina has tried to implement such as the Caja de Conversión, the nation's first currency board which favored a strict gold-standard monetary regime, the forerunner of the convertibility plan the nation has recently adopted. With many countries now using—or seriously contemplating—monetary arrangements similar to Argentina's, this important and persuasive study maps out one of history's most interesting monetary experiments to show what works and what doesn't.
Hyperinflation, Currency Board, and Bust
Title | Hyperinflation, Currency Board, and Bust PDF eBook |
Author | Jutta Maute |
Publisher | Peter Lang Publishing |
Pages | 296 |
Release | 2006 |
Genre | Currency boards |
ISBN |
Originally presented as the author's thesis (doctoral)--Universiteat Hohenheim, 2006.
Living and Dying with Hard Pegs
Title | Living and Dying with Hard Pegs PDF eBook |
Author | Augusto de la Torre |
Publisher | |
Pages | 60 |
Release | 2003 |
Genre | Currency boards |
ISBN |
Currency Boards - How a Currency Board Works
Title | Currency Boards - How a Currency Board Works PDF eBook |
Author | Raffaele Nostitz |
Publisher | GRIN Verlag |
Pages | 12 |
Release | 2009-05-29 |
Genre | Business & Economics |
ISBN | 3640335287 |
Essay from the year 2009 in the subject Economics - Monetary theory and policy, grade: 2,3, Free University of Berlin, course: International Monetary Relations, language: English, abstract: „Stability might not be everything, but without stability everything is nothing.“ This quote of the former federal minister for economics and finance in Germany leads directly to the reason for the installation of a currency board. Stability of the monetary system means the achievement of three objectives: a fixed exchange rate system to alleviate the calculations for international trade, free capital movement to ensure the convertibility of currencies, and a monetary policy that can address independently domestic concerns like inflation or unemployment. Unfortunately, it is impossible to achieve all three objectives at the same time. This goal conflict is often called "triangle of impossibility" or "impossible trinity" in the international economics literature. If a country's decision is to fix the exchange rate to a selected currency, a currency board would be one of the possible instruments. In this essay, first there will be taken a short look at how a currency board works and what the political meanings and consequences are. Afterwards, a short analysis of the currency board-like system that has been installed in Argentina from 1991 to 2002 leads to the drawbacks and opportunities of currency boards.
Currency Boards and Its Implications for Argentina
Title | Currency Boards and Its Implications for Argentina PDF eBook |
Author | Alberto F. Ades |
Publisher | |
Pages | 58 |
Release | 1995 |
Genre | Argentina |
ISBN |
The Currency Board in Argentina
Title | The Currency Board in Argentina PDF eBook |
Author | Mary Elizabeth Madden |
Publisher | |
Pages | 128 |
Release | 2002 |
Genre | |
ISBN |