- 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.173) 12 Bulgaria
- Currency Boards in Retrospect and Prospect
Wolf Holger C.
Ghosh Atish R.
- The MIT Press
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).
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