Seminar on Currency Boards in the Context of EU Accession: Brussels, 25 November 1999 : Summary of Proceedings and Papers |
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Page 86
... currency board systems in the context of accession into the European Union . I was given the privilege to discuss Mr. Honohan's paper on the Irish experience of currency board system . I read the paper with great interest and I think ...
... currency board systems in the context of accession into the European Union . I was given the privilege to discuss Mr. Honohan's paper on the Irish experience of currency board system . I read the paper with great interest and I think ...
Page 87
... currency board system , Ireland started with a pure currency board model with the Currency Commission enforcing the backing and convertibility rules for the currency since 1927. Alongside the setting up of the central bank in 1943 ...
... currency board system , Ireland started with a pure currency board model with the Currency Commission enforcing the backing and convertibility rules for the currency since 1927. Alongside the setting up of the central bank in 1943 ...
Page 89
... currency board system Although experiences in some economies , including HK , suggested that the implementation of a currency board system helped restore public confidence in the domestic currency and avert crisis situations , there is ...
... currency board system Although experiences in some economies , including HK , suggested that the implementation of a currency board system helped restore public confidence in the domestic currency and avert crisis situations , there is ...
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accession countries adjustment adopt the euro anchor currency assets average Bank of Estonia Bank of Lithuania banking sector banking system budget Bulgaria candidate countries capital movements cent central bank commercial banks competitiveness credibility currency board arrangement currency board system Currency Commission current account deficit debt Directorate domestic Economic and Financial Economic and Monetary economic policy EMU acquis ERMII Estonian kroon Estonian monetary euro area European Commission European Union exchange rate policy exchange rate regime exports Financial Affairs financial markets financial sector fiscal policy fixed exchange rate flexibility foreign exchange framework growth Hong Kong Honohan implementation important increase inflation integration interbank interest rates investment Irish pound joining the euro liquidity litas macroeconomic Member monetary policy monetary system Monetary Union money market nominal participation payments percent period real exchange rate reserve requirement Russian crisis seigniorage stabilisation trade transition economies wages