Beck, Stacic; Miller, Jeffrey B.; Saad, Mohsen M. - In: International Journal of Development Issues 4 (2005) 2, pp. 95-121
Why did inflation fall so dramatically after the establishment of a currency board in Bulgaria in 1997? The establishment of the currency board was the response to a very severe financial crisis where inflation reached hyperinflationary levels. After the currency board was introduced, inflation...
