- Includes bibliographical references (p. [239]-251) and index. - Introduction -- Currency boards : history, theory, and institutions -- Currency boards in historical perspective -- Why do countries choose currency boards? -- Modern currency boards : structural and institutional aspects -- Macroeconomic performance -- Stylized facts -- Inflation and disinflation under alternative exchange rate regimes -- Output growth and trade performance -- Argentina -- Case studies in modern currency boards : the European experience -- Euro-based currency boards : introduction -- Estonia -- Lithuania -- Bulgaria -- Bosnia and Herzegovina -- Euro-based currency boards : an assessment -- Conclusions.
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