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Currency Boards in Retrospect and Prospect$
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Currency Boards in Retrospect and Prospect

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, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 30 June 2022

Bulgaria

Bulgaria

Chapter:
(p.173) 12 Bulgaria
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/9780262232654.003.0012

This chapter evaluates Bulgaria’s use of a currency board arrangement in 1997. The chapter covers the board’s structure and operation environment, monetary and banking policies, the board’s impact on macroeconomic performance, and outlook and adjustment on the way to the European Monetary Union (EMU).

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

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