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Currency Boards in Retrospect and Prospect$
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Holger C. Wolf, Atish R. Ghosh, Helge Berger, and Anne-Marie Gulde

Print publication date: 2008

Print ISBN-13: 9780262232654

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262232654.001.0001

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PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 28 October 2021

Estonia

Estonia

Chapter:
(p.151) 10 Estonia
Source:
Currency Boards in Retrospect and Prospect
Author(s):

Wolf Holger C.

Ghosh Atish R.

Berger Helge

Gulde Anne-Marie

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262232654.003.0010

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.

Keywords:   currency boards, exchange rate regime, monetary policies, banking policies, European Monetary Union, macroeconomic performance

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