- Title Pages
- Series Foreword
2Currency Boards in Historical Perspective
3Why Do Countries Choose Currency Boards?
4Modern Currency Boards: Structural and Institutional Aspects
6Inflation and Disinflation under Alternative Exchange Rate Regimes
7Output Growth and Trade Performance
9Euro-Based Currency Boards: Introduction
13Bosnia and Herzegovina
14Euro-Based Currency Boards: An Assessment
- Appendix 1: Institutional Characteristics of Modern Currency Boards
- Appendix 2: Data Sources and Definitions
- (p.151) 10 Estonia
- Currency Boards in Retrospect and Prospect
Wolf Holger C.
Ghosh Atish R.
- The MIT Press
This chapter looks at Estonia’s adoption of a currency board arrangement in 1992. The discussions cover the board’s structure, monetary and banking policies, adjustments to the way of the European Monetary Union (EMU), and the board’s impact on macroeconomic performance.
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