Abstract
This paper traces the development of economic thought about “currency boards”; a rule-based monetary policy regime, involving much less (or no) discretion than most other monetary regimes. Adopting a currency board aims to get some of the credibility advantages of using a globally respected currency without foregoing seignoriage revenue or the symbolic importance often attached to a national currency.
| Original language | English |
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| Title of host publication | The UK The History of Economic Thought Annual Conference Proceedings |
| Place of Publication | United Kingdom |
| Pages | 1-23 |
| Number of pages | 23 |
| Publication status | Published - Sept 2003 |
| Externally published | Yes |
| Event | The UK History of Economic Thought Annual Conference - University of Leeds , Leeds, United Kingdom Duration: 1 Sept 2003 → 3 Sept 2003 |
Conference
| Conference | The UK History of Economic Thought Annual Conference |
|---|---|
| Country/Territory | United Kingdom |
| City | Leeds |
| Period | 1/09/03 → 3/09/03 |