hyperinflation during the 1980s are analysed, and the theory of currency boards is expounded. The stabilisation tool, an … institutionally highly credible currency board arrangement (CBA), though highly effective, could not be an optimal long-term solution …

Purpose This study aims to evaluate the role of the prevailing currency systems in achieving (or departing from) the …. Design/methodology/approach After documenting historical developments in currency systems, the study reviews the Islamic … perspective on the matter. Features of an ideal currency system are listed and then a critical evaluation of existing currency …

We document that the currency denomination of the debt of developed country firms is strongly related to the … equivalent increase in the proportion of debt denominated in the corresponding currency. Consistent with the existence of fixed … costs of debt issuance, we find that the relationship between the currency denomination of debt and the geography of sales …

"The purpose of this seminar was to review experiences of economies in the Asia-Pacific region with currency … if current trends continue. Lessons learned about currency internationalisation since the intensification of the strains …

On February 24-25, 2006 an international workshop on “Regional and International Currency Arrangements” was held in …, international currency arrangements. A number of papers and the contributions by the discussants presented at this workshop are … a World Currency?”; one more affirmative, the other more critical. In addition to the papers by Richard Cooper and …