CURRENCY BOARDS AND DOLLARIZATION: www.dollarization.org

(other keywords: currency board system [CBS], dollarisation, dolarización)

Site maintained by Kurt Schuler (e-mail: kurrency at erols dot com). Some material requires a PDF reader.

New / Modern monetary systems / Currency boards / Dollarization / Material on related topics / Miscellaneous

Modern monetary systems: A set of country tables covering monetary authorities and official exchange rate arrangements since the advent of paper money--not just episodes of currency board and dollarization, but all systems. I am working continent by continent, trying to achieve coverage of all countries. Comments welcome.

Argentina (1991-2001): Yes, I know many people are now tired of the subject, but most of what has been written on it is unreliable because it is wrong on basic points that could have easily been checked.

Currency boards

Introduction to Currency Boards - The essentials of currency boards. Read this first. Lists present-day boards.

Currency Boards for Developing Countries: A Handbook - A fairly detailed work explaining the advantages and workings of a currency board system and how to establish, operate, and protect a currency board. Slightly updated text of a book I wrote with Steve Hanke in 1994 for the International Center for Economic Growth, Yorktown Heights, New York. Reproduced here with their permission.

Currency Boards - My Ph.D. dissertation: summarizes the history of currency boards to 1991.

Further Reading - a guide (combined with the Further Reading guide on dollarization).

Currency Board Bibliography - A comprehensive bibliography of works on currency boards up to mid 2001. Includes a list of my own writings on currency boards.

Steve H. Hanke: "On Dollarization and Currency Boards," reviewing how economists have badly misunderstood Argentina and other currency board-like systems. Reproduced by permission of the Journal of Policy Reform.

Dollarization

Basics of Dollarization - English or Spanish. Read this first. A staff report for the Joint Economic Committee of the U.S. Congress (1999, revised 2000).

Further Reading - a guide (combined with the Further Reading guide on currency boards).

Table of Dollarized Countries - the table is from June 2002, but is still valid as of August 2005.

Some Theory and History of Dollarization, a brief essay listing, for the first time, all known historical episodes of dollarization (April 2005).

Dollarization Bibliography - A detailed bibliography of works on dollarization up to mid 2002. (Not exhaustive, though; I welcome suggestions for additions.) Includes a list of my own writings on dollarization.

Dollarization, at the Intersection of Politics and Economics - Secret doctrines of the dollarizers (June 2002).

Steve H. Hanke: "Money and the Rule of Law in Ecuador." Reproduced by permission of the Journal of Policy Reform.

Material on related topics

Monetary Economics: A Reading List - Aimed at graduate students or others who want to dig deep into what has been written about money. I wrote it because I could find no other such guide.

A Guide to Research in Economics - Slightly updated version of a handout I once wrote for undergraduate students.

Spreadsheet list of IMF loan programs - All programs from 1952, when they began, to June 2008. Compiled by Jayson Garrett, a student at the University of Tampa.

Miscellaneous

Purpose of this Web site

Copyright notice - Information on reproducing material here.

About me - Includes a list of my publications. I have written many country studies and other publications that may be of interest to a few specialist readers. Many of those publications are available electronically, either through Internet links that you can find in the list, or from me.

Updated August 2008. This site expresses my personal views only.