Currency Board

Currency Board in Global Commerce Policy

In this regard, currency board is: pegging the value of a currency to that of another or a basket of currencies. This is usually done to stabilize a volatile currency and to give the government time to devise and institute macro-economic reforms. The entries on trade policy are here. A currency board may of course lead to market-driven reforms. The entries on trade policy are here. Argument rages among economists whether stabilization of a currency should come before or after the establishment of a currency board.[1]

Currency Boardin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Currency Board” entry (OAS)

See Also