Currency Board Bibliography

 

Home page

 

I welcome suggestions for additions. This bibliography, current as of October 2001, has the following parts:

 

1. Kurt Schuler’s main writings relevant to currency boards and dollarization. Subsections: books and monographs, articles in academic journals, other essay-length articles, shorter articles, unpublished material.

2. Steve Hanke’s writings relevant to currency boards and dollarization. There is some overlap between this section and the section of Kurt Schuler’s writings because of many joint articles.

3. Currency board writings 1992-2001, compiled by Matt Sekerke. (A labor that deserves the thanks of all us interested in the subject.)

4. Currency board writings up to 1991, compiled by Kurt Schuler. Subsections: official documents and other writings.

 

As an aid to finding references on specific countries, where I am aware of which countries a particular writing discusses, names are listed in parentheses. Current names rather than older names are used (for instance, Ghana, not Gold Coast; Russia, not Soviet Union). The following regions are also listed in some cases: Africa, British colonies, Caribbean, East Asia, Eastern Europe (meaning all the former communist countries of Europe and the former Soviet Union), European Monetary System, Latin America, West Africa.


1. Kurt Schuler’s main writings relevant to currency boards and dollarization (listed in reverse chronological order within categories)

 

This list omits most of the newspaper articles and other very short pieces I have written about currency boards, because they are not as substantial or important as the remaining material.

 

Books and monographs

 

Should Developing Countries Have Central Banks? Currency Quality and Monetary Systems in 155 Countries. Research Monograph No. 52. London: Institute of Economic Affairs, 1996. 126 pp. Spanish translation by Julio Cole )Deberían los países en desarrollo tener bancos centrales? Estudio comparativo de 155 países. Monterrey, Mexico: Centro de Estudios en Economía y Educación, 1998.

 

Alternative Monetary Regimes for Jamaica, with Steve H. Hanke. Kingston: Private Sector Organisation of Jamaica, 1996. 106 pp. Available online at <http://users.erols.com/kurrency/jamstudy.htm>. (Jamaica)

 

Currency Boards for Developing Countries: A Handbook, with Steve H. Hanke. International Center for Economic Growth Sector Study No. 9. San Francisco: ICS Press, 1994. 120 pp. Available online at <http://users.erols.com/kurrency/icegrev.htm>. Spanish translation by Gustavo Toro and Adriana T. de Undreiner Juntas monetarias para países en desarrollo: dinero, inflación y estabilidad económica. Caracas: CEDICE/Editorial Panapo, 1995. Pirated Bulgarian translation Valutniyat bord nachalo il krai. Sofia: Bard, 1996. Authorized Bulgarian translation by Ina Byachvarova and Margareta Chakapska Valutniyat bord i finansovata stabilizatsiya. Sofia: Klub AEkonomuka 2000,@ 1997. Turkish translation, with revisions GeliÕmekte olan ülkeler ¥çin para kurullari: el kitab2. Ankara: Association for Liberal Thinking, 2001. (Bulgaria, Latin America, Turkey)

 

Valiutu taryba pasiulymai lietuvai (A Currency Board Proposal for Lithuania), with Steve H. Hanke. Translated by Rãta Vainien. Vilnius: Lietuvos laisvosios rinkos institutas, 1994. 74 pp. (Lithuania)

 

Russian Currency and Finance: A Currency Board Approach to Reform, with Steve H. Hanke and Lars Jonung. London: Routledge, 1993. 222 pp. (Russia)

 

Currency Reform for a Market-Oriented Cuba, with Steve H. Hanke. Miami: Blue Ribbon Commission on the Economic Reconstruction of Cuba, 1992. 51 pp. (Cuba)

 

El sistema de caja de conversión: hacia una auténtica reforma monetaria (The Currency Board System: Towards a Real Monetary Reform), with Steve H. Hanke. Lima: CITEL, 1992. 94 pp. (Peru)

 

Monetary Reform for a Free Estonia: A Currency Board Solution, with Steve H. Hanke and Lars Jonung. Stockholm: SNS Förlag, 1992. 91 pp. Estonian translation by Avo Viiol Rahareform vabale eestile: valuutafondi lahendus. Tartu, Estonia: Tartu Ülikool, 1992. (Estonia)

 

Currency Boards for Eastern Europe, with Steve H. Hanke. Heritage Lectures no. 355 (Heritage Foundation, 1991). 28 pp. Also appeared as Geld und Währung Working Paper no. 23, Wolfgang Goethe Universität, Frankfurt am Main, 1992. French translation by Jacob Arfwedson Réformes monétaires à l'Est: * currency boards + contre banques centrales. Paris: Institut Euro 92, 1991; also available online at <http://users.erols.com/kurrency/french.html>. Portions were also translated as articles in the Romanian newspaper Capital (see below). (Eastern Europe)

 

A Currency Board Solution for the Albanian Lek, with Steve H. Hanke. Washington: International Freedom Foundation, 1991. 31 pp. (Albania)

 

)Banco central o caja de conversión? (Central Bank or Currency Board?), with Steve H. Hanke. Buenos Aires: Fundación República, 1991. 64 pp. (Argentina)

 

Teeth for the Bulgarian Lev: A Currency Board Solution, with Steve H. Hanke. Washington: International Freedom Foundation, 1991. 32 pp. (Bulgaria)

 

Monetary Reform and the Development of a Yugoslav Market Economy, with Steve H. Hanke. London: Centre for Research into Communist Economies, 1991. 46 pp. Serbo-Croatian translation by Milivoj Cvetanoviƒ Monetarna reforma i razvoj jugoslovenska trñišne privrede. Belgrade: Economiski Institut Beograd, 1991. (Yugoslavia)

 

Articles in academic journals (fear not; unlike most of the genre, these are fairly readable)

 

“Dollarising Indonesia.” Bulletin of Indonesian Economic Studies 35, 3, December 1999: 97-113. (Indonesia)

 

“A Monetary Constitution for Argentina: Rules for Dollarization,” with Steve H. Hanke. Cato Journal 18, 3, Winter 1999: 405-19. Available online at <http://www.cato.org/pubs/journal/cj18n3/cj18n3-11.pdf>. (Argentina)

 

“The Problem with Pegged Exchange Rates.” Kyklos 52, 1, 1999: 83-102.

 

“Currency Boards and Currency Convertibility,” with Steve H. Hanke. Cato Journal 12, 3, Winter 1993: 147-63. Russian translation “Denezhnaya reforma v Rossii: valyutnoye upravleniye,@ in James A. Dorn and Rustam N. Noureev, eds., Denechnaye reforma v postkommunisticheskikh stranakh (Monetary Reform in Postcommunist Countries): 252-75. Moscow: Catallaxy, 1996. Also in Larisa E. Piyasheva and James A. Dorn, eds., Ot plana k rynku: budushcheye postkommunistcheskikh respublik (From Plan to Market: The Future of the Post-Communist Republics): 224-40. Moscow: Catallaxy, 1993. (Eastern Europe)

 

“Ruble Reform: A Lesson from Keynes,” with Steve H. Hanke. Cato Journal 10, 3, Winter 1991: 655-66. Hungarian translation “Rubelkonvertibilitás: a keynesi megoldás.” Külgazdaság (Budapest) 36, 2, 1992: 43-50. (North Russia)

 

Other publications—essay length

 

“Does National Sovereignty Require a National Currency?” Forthcoming in a volume on dollarization for Westview Press edited by James Dean of Simon Fraser University. Earlier version available online at <http://users.erols.com/kurrency/monsov.htm>.

 

“La monnaie et l=Etat: le rôle des institutions monétaires dan le sous-développement africain” (Money and the State: The Role of Monetary Institutions in African Underdevelopment). In  Nicolas Bouzou, ed., Afrique (Revue labyrinthe, hors série no. 1). Paris: Editions Maisonneuve et Larose, 2001 (forthcoming). (Africa)

 

“Currency Crises: Why They Happen.” Staff report, Office of the Chairman, Joint Economic Committee, U.S. Congress, forthcoming in 2001.

 

“Basics of Dollarization.” Staff report, Office of the Chairman, Joint Economic Committee, U.S. Congress, July 1999. 33 pp. Updated January 2000. 36 pp. Available online at <http://users.erols.com/kurrency/basicsup.htm>. Spanish translation by Dora de Ampuero “Fundamentos de la dolarización.” Guayaquil: Instituto Ecuatoriano de Economía Política, July 1999. Available online at <http://users.erols.com/kurrency/basicssp.htm>.

 

“Encouraging Official Dollarization in Emerging Markets.” Staff report, Office of the Chairman, Joint Economic Committee, U.S. Congress, April 1999. 36 pp. Available online at <http://users.erols.com/kurrency/encourag.htm>. Spanish translation by Instituto Ecuatoriano de Economía Política “Promoviendo la dolarización oficial in los mercados emergentes.” Available online at <http://users.erols.com/kurrency/encoursp.htm>.

 

“A Contingency Plan for Dollarizing Hong Kong.” HKCER Letters (Hong Kong Centre for Economic Research) no. 52, September 1998: 1-20. English plus Chinese summary. Available online at <http://www.hku.hk/hkcer/articles/v52/kurt.htm>. (Hong Kong)

 

“Currency Boards and Free Banking,” with Steve H. Hanke. In Kevin Dowd and Richard H. Timberlake, Jr., eds., Banking and the Nation State: The Financial Revolution, Government, and the World Monetary System: 403-21. Oakland: Independent Institute, 1998.

 

“The Future of Currency Boards, with Special Reference to Developing Countries” and “Postscript: the Recent Excitement in Hong Kong.” In Maggie Tan Pin Neo, ed., Currency Board System: A Stop-Gap Measure or a Necessity. Currency Board System Symposium >97: 102-22 and 128-35. Singapore: Board of Commissioners of Currency Singapore, 1997. (Hong Kong, East Asia)

 

“Monetary Systems and Inflation in Developing Countries,” with Steve H. Hanke. In James A. Dorn and Roberto Salinas-León, eds., Money and Markets in the Americas: New Challenges for Hemispheric Integration: 235-60. Vancouver: Fraser Institute, 1996.

 

“Currency Boards for Latin America,” with Steve H. Hanke. In Nissan Liviatan, ed., Proceedings of a Conference on Currency Substitution and Currency Boards. World Bank Discussion Paper 207 (1994): 13-21. (Argentina, Panama, Latin America)

 

“Financial Reform and Economic Development: The Currency Board System for Eastern Europe,” with Steve H. Hanke. In Peter J. Boettke, ed., The Collapse of Development Planning: 310-26. New York: New York University Press, 1994. (Eastern Europe)

 

“The World History of Free Banking: An Overview.” In Kevin Dowd, ed., The Experience of Free Banking: 4-47, 79-92. London: Routledge, 1992.

 

“Keynes=s Russian Currency Board,” with Steve H. Hanke. In Steve H. Hanke and Alan A. Walters, eds., Capital Markets and Development: 43-63. San Francisco: Institute for Contemporary Studies, 1991. (North Russia)

 

“Replacing the Ruble in Lithuania: Real Change versus Pseudoreform,” with George Selgin and Joseph Sinkey, Jr. Cato Institute Policy Analysis no. 163, 28 October 1991. 19 pp. Available online at <http://www.cato.org/pubs/pas/pa‑163.html>. (Lithuania)

 

“A Brief History of Hong Kong Monetary Standards.” Asian Monetary Monitor (Hong Kong) 13, 5, September-October 1989: 11-29. (Hong Kong)

 

Other publications--short

 

“Recent Currency Crises in Emerging Markets and Their Relation to Currency Boards.” L=Express (Port Louis, Mauritius), 16 December 1998.

 

“Integration, Not Isolation, Will Protect Emerging Markets.” Asian Wall Street Journal (Hong Kong), 15 December 1998: 10. Also in Wall Street Journal Europe (Brussels), 16 December 1998: 8.

 

“Defining the Post-Washington Consensus on Monetary Policy.” Transition: The Newsletter About Reforming Economies (World Bank), 9, 5, October 1998: 20-2. Available online at <http://www.worldbank.org/html/prddr/trans/WEB/trans.htm>.

 

“Crisis cambiaria” (Brazil, the Next Currency Crisis). Translated by Carlos Ball (Agencia Interamericana de Prensa Económica). El Mercurio (Santiago de Chile), 11 October 1998. (Brazil)

 

“Perils of Central Banking.” Moscow Times, 12 September 1998: 8. (Russia)

 

“Dolarisasi, sebuah alternatif” (Dollarization, Another Option) and “Peran bank sentral dalam dolarisai” (The Role of the Central Bank in Dollarization). Translated by Her Suharyanto. Bisnis Indonesia (Jakarta), 31 July 1998: 5. (Indonesia)

 

“The Dollar Offers Hope for Indonesia.” Asian Wall Street Journal (Hong Kong), 15 July 1998: 6. (Indonesia)

 

“Bolstering Hong Kong=s Dollar.” Asian Wall Street Journal (Hong Kong), 24 August 1998: 8. (Hong Kong)

 

“Por qué el sucre no es tan bueno como el dólar” (Why the Ecuadorian Sucre is Not as Good as the Dollar). Translated by Dora Rodriguez de Ampuero. El Financiero (Quayaquil, Ecuador), 4 May 1998: 15. (Ecuador)

 

“Stability Drives Recovery.” Asian Wall Street Journal (Hong Kong), 16 February 1998: 10. Reprinted as AA Currency Board Beats IMF Rx@ in U.S. Wall Street Journal, 18 February 1998: A22. (Indonesia)

 

“Las crisis cambiarias del futuro” (The Currency Crises in Our Future). Translated by José Cordeiro. El Universal (Caracas), 13 February 1998; also 20 February 1998. Available online at <http://www.eud.com>. (Brazil, Russia)

 

“Sistem dewan mata uang” (The Currency Board System). Translated by Armida Alisjahbana and edited by Bambang Harymurti.  Media Indonesia (Jakarta), 7 February 1998: 1, 6; 8 February 1998: 1; 10 February 1998: 1, 6; 11 February 1998: 1, 6; 12 February 1998: 1, 6; 13 February 1998: 1, 6. (Indonesia)

 

“Establish Currency Boards, Now.” Asian Wall Street Journal (Hong Kong), 12 January 1998: 8. Also in Indian Express (Bombay), 17 January 1998. (East Asia)

 

“Wind Without Direction: Why Dollarization is Better than Devaluation” (in Chinese). Translated by Gary Shiu. Next Magazine (Hong Kong) no. 405, 12 December 1997: 2-3.

 

“Tighten the Dollar Link.” Asian Wall Street Journal (Hong Kong), 6 November 1997: 10. Reprinted as “Tighten Dollar Link and Hong Kong Can End Speculation@ in weekly international edition, 16 November 1997: 16. (Hong Kong)

 

“Reform, Not Devaluation, Is Answer to Dollar Crisis.” Hong Kong Standard, 27 October 1997: 11. (Hong Kong)

 

“S-E Asia Should Go Fixed.” Business Times (Singapore), 21 August 1997: 13. (East Asia)

 

“Fixed Exchange Rates.” Letter to the editor, Journal of Economic Perspectives 10, 1, Fall 1996: 202-3.

 

“Currency Board-Like Systems Are Not Currency Boards,” with Steve H. Hanke. Letter to the editor, Transition (World Bank) 5, 6, July-August 1994: 13. (Argentina, Estonia, Lithuania)

 

“Un medicament pentru sanatatea monedei” (A Sound-Money Cure), with Steve H. Hanke. Capital (Bucharest), 8 October 1993: 10. (Romania)

 

“Degringolada monedi nationale poate fi oprita” (The Way Out of Monetary Chaos), with Steve H. Hanke. Capital (Bucharest), 1 October 1993: 10. (Romania)

 

“Estonia: It's Not a Currency Board System!” with Steve H. Hanke and Lars Jonung. Letter to the editor, Transition (World Bank) 4, 1, February 1993: 12. (Estonia)

 

“A Base for Somali Revival,” with Steve H. Hanke. Washington Times, 27 January 1993: G3. (Somalia)

 

“Currency Convertibility: A Self-Help Blueprint for the Commonwealth of Independent States,” with Steve H. Hanke. Cato Institute Foreign Policy Briefing no. 17 (1992). 13 pp. Available online at <http://www.cato.org>. (Eastern Europe)

 

“Keynesi abil rubla konverterritavaks” (Keynes and Ruble Convertibility), with Steve H. Hanke and Lars Jonung. Äripäev (Tallinn, Estonia), 17 December 1991: 6. (Estonia)

 

“Argentina Should Abolish Its Central Bank,” with Steve H. Hanke. Wall Street Journal, 25 October 1991: A15. (Argentina)

 

“Soviets Need Honest Money, Not Aid,” with Steve H. Hanke. Wall Street Journal, 5 June 1991: A12. (Russia)

 

“Une éxperience monétaire réussie dans la Russie d=avant-Lénine” (A Successful Monetary Experiment in Pre-Soviet Russia), with Steve H. Hanke. Le Liberal Européen (Paris), mai-juin 1991: 5-6. (North Russia)

 

“Currency Board System Urged.” Durell Journal of Money and Banking 3, 1, February 1991: 30-1. (Lithuania)

 

“A ‘Keynesian’ Cure for the Soviet Economy,” with Steve H. Hanke. New York Times, 3 September 1990: 21; International Herald Tribune (Paris), 5 September 1990. (Russia)

 

“Keynes and Currency Reform: Some Lessons for Eastern Europe Today,” with Steve H. Hanke. Journal of Economic Growth (U.S. Chamber of Commerce) 4, 2, Summer 1990: 10-16. Also published in French and Spanish versions of the same publication. (Russia)

 

Selected unpublished material

 

“The Importance of Being Orthodox.” Paper presented at Hong Kong Baptist University International Workshop on Currency Boards, 9 October 1999. Available at <http://users.erols.com/kurrency/hkbu.htm>. (Hong Kong)

 

“Currency Boards.” Ph.D. dissertation, George Mason University, May 1992. Available online at <http://users.erols.com/kurrency/webdiss1.htm>.

 

“Memorandum on Lithuanian Currency Reform,” with George A. Selgin. Proposal submitted to the president and prime minister of Lithuania, November 1990. (Lithuania)

 


2. Steve Hanke’s writings relevant to currency boards and dollarization (listed alphabetically by author)

 

This is a complete list.

 

Bogetic, Zeljko and Steve H. Hanke.  1999.  Cronogorska Marka.  Podgorica, Montenegro: Antena M (Serbo-Croatian). (Montenegro)

 

Culp, Christopher and Steve H. Hanke. 1993. “The Hong Kong Linked Rate Mechanism: Monetary Lessons for Economic Development.”  Working Paper, The Department of Economics, The Johns Hopkins University, June. (Hong Kong)

 

Culp, Christopher, Steve H. Hanke and Merton Miller. 1999. “The Case for An Indonesian Currency Board.” Journal Of Applied Corporate Finance, v. 11, no. 4, Winter. (Indonesia)

 

Hanke, Steve H. 1991a. “Soviets Need Honest Money, Not Aid.” Wall Street Journal, 5 June. (Russia)

 

-------. 1991b. “Como crear el rublo.” La Gaceta, 8 October. (Russia)

 

-------. 1991c. “La bomba de la emigracion a Europa.” La Gaceta, 15 October. (Eastern Europe)

 

-------. 1991d. “Argentina y su banco central.” La Geceta, 6 November. (Argentina)

 

--------. 1992a. “The Walters Critique.” Friedberg’s Commodity and Currency Comments, 26 January. (European Monetary System)

 

------. 1992b. "Currency Convertibility." World Economic Forum: 1992 Bulletin, 4 February. (Eastern Europe)

 

-------. 1992c. “En el rublo reina la confusion.” La Gaceta, 9 February. (Russia)

 

-------. 1992d. “El talon de aguiles de Yeltsin.” La Gaceta, 10 March. (Russia)

 

-------. 1992e. “El peso mexicano y el dolar.” La Gaceta, 17 March. (Mexico)

 

-------. 1992f. "The Ruble Crisis:  Why Not a Currency Board?"  World Link, v. 5, no. 2, March/April. (Russia)

 

-------. 1992g. “La estabilizacion del rublo.” La Gaceta, 21 April. (Russia)

 

-------. 1992h. “Mensaje de Hayek sobre convertibilidad.” La Gaceta, 28 April. (Eastern Europe)

 

-------. 1992i. “IMF Money Will Buy Trouble For Russia.” Wall Street Journal, 29 April. (Russia)

 

-------. 1992j. “Reflections on the Ex Soviet Union.” World Link, July/August. (Russia)

 

-------. 1992k. “The Coming Ruble Chernobyl.”  Friedberg’s Commodity and Currency Comments, 26 July. (Russia)

 

-------. 1992l. “Demise of the Franc Fort.” Friedberg’s Commodity and Currency Comments, 20 December. (France, European Monetary System)

 

-------. 1992m. “The Baggage of the Strong Franc.” Wall Street Journal Europe, 30 December. (France, European Monetary System)

 

-------. 1993a. "Currency Boards and Their Relevance for Latin America." in N. Liviatan (ed.) Proceedings of a Conference on Currency Substitution and Currency Boards (World Bank Discussion Papers No. 207), Washington, D.C.: The World Bank. (Latin America)

 

-------. 1993b. "On Macroeconomic Transformation in Eastern Europe: The Role of Monetary Policy Reconsidered." in H. Siebert and H. Müller-Groeling (eds.) Overcoming The Transformation Crisis, Tübingen, Germany: J.C.B. Mohr. (Eastern Europe)

 

-------. 1993c. “Reflections on the ERM.” Friedberg’s Commodity and Currency Comments, 30 May. (European Monetary System)

 

-------. 1993d. “Speculation an inevitable result of ERM.” Financial Times, 20 August. (European Monetary System)

 

-------. 1993e. “Côte d’Ivoire and the CFA Franc Crisis: An Investment Opportunity?” Friedberg’s Commodity and Currency Comments, 21 November. (Cote d’Ivoire, Africa)

 

-------. 1993f. “A Monetarist Critique of the Franc Fort.” Wall Street Journal Europe, 25 November. (European Monetary System)

 

-------. 1994a. “Russian Reformation and Currency Boards.” Wall Street Journal, 18 January. (Russia)

 

-------. 1994b. “Dangers posed by a larger rouble zone.” Financial Times, 19 January. (Russia, Eastern Europe)

 

-------. 1994c. "Currency Board to Eliminate Inflation in Russia?" Transition, v. 5, no. 4, April. (Russia)

 

-------. 1994d. “Why Estonia central bank is exception.” Financial Times, 5 May. (Estonia)

 

-------. 1994e. “Russia yet to follow Estonia’s example.” Financial Times, 23 May. (Estonia)

 

-------. 1994f. "Currency Board-Like Systems Are Not Currency Boards", Transition, v. 5, no. 6, July/August.

 

-------. 1994g. “Arbitrage in Argentina.” Forbes, 19 December. (Argentina)

 

-------. 1995a. "Con la convertibilidad se puede crecer?" in Banca y Producción, Buenos Aires: Asociación de Bancos de la República Argentina. (Argentina)

 

-------. 1995b. The Mexican Peso Crisis.  Hearings before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fourth Congress, First Session on the Mexican Peso Crisis and the Administration’s Proposed Loan Guarantee Package to Mexico, March 9, 1995.  Washington, D.C.: U. S. Government Printing Office. (Mexico)

 

-------. 1995c. “Pegged Out.” Forbes, 16 January.

 

-------. 1995d. “Jobs for the Boys.” Forbes, 13 February.

 

-------. 1995e. “Mexico Needs Currency Board.” Financial Times, 21 February. (Mexico)

 

-------. 1995f. “Critics Err—Mexico Still Needs a Currency Board.” Wall Street Journal, 22 Feb. (Mexico)

 

-------. 1995g. “Approach for Currency Board Views Unsolicited.”  Financial Times.  7 March.

 

-------. 1995h "Argentina's Currency Board, Misunderstood and Maligned." International Treasurer, March 20. (Argentina)

 

-------. 1995i. “Why Argentina is Solid.” Forbes, 8 May. (Argentina)

 

-------. 1995j. “Argentina: The ‘Germany’ of South America?” Friedberg’s Commodity and Currency Comments, 19 July. (Argentina)

 

-------. 1995k. "Argentina: la 'Alemania' de Sudamérica?" Estudios, Julio/Setiembre. (Argentina)

 

-------. 1995l. “The Curse of Central Banking.” Forbes, 25 September.

 

-------. 1995m. “Un Sistema Viable.” Negocios, Año 5, No. 50, Septembre.  (Argentina)

 

-------. 1995n. “Arbitrage in Lithuania.” Friedberg’s Commodity and Currency Comments, 22 October. (Lithuania)

 

-------. 1995o. “Our Most Profitable Export.” Forbes, 4 December.

 

-------. 1995p. “A Tale of Two Pesos.” Forbes, 18 December. (Argentina, Mexico)

 

-------. 1996a. "Argentina, the Germany of South America?" The Contributions of Murray Rothbard to Monetary Economics, Winchester, VA: Durell Institute of Monetary Science at Shenandoah University. (Argentina)

 

-------. 1996b. "A Tale of Two Pesos: A Comparison of Currency Policies in Mexico and Argentina." The Heritage Foundation Lectures, No. 552, Washington, D.C.: The Heritage Foundation. (Argentina, Mexico)

 

-------. 1996c. “L’histoire de deux pesos.” Rapport Moral sur L’Argent dans le Monde, Paris: Association d’economie financière. (Argentina, Mexico)

 

-------. 1996d. “L’Argentine e l’effet téquila.” Rapport Moral sur L’Argent dans le Monde, Paris: Association d’economie financière. (Argentina)

 

-------. 1996e. “Currency Board for Mexico.” Central Banking, v. VI, no. 4, Spring. (Mexico)

 

-------. 1996f. “Argentina and the Tequila Effect.” Central Banking, v. VI, no. 4, Spring. (Argentina)

 

-------. 1996g. “Misguided exchange rate policy.” Financial Times, 13 March.

 

-------. 1996h. “Don’t Cry For Me: What Mexico Can Learn From the Recent Argentine Experience.” The International Economy, March/April. (Argentina, Mexico)

 

-------. 1996i. “Professionalism, Please.” Ven Economy Monthly, v. 13, no. 9, June.

 

-------. 1996j. “Un poco de profesionalismo, por favor.” Ven Economía Mensual, v. 13, no. 9, Junio.

 

-------. 1996k. “Lithuania policies will not aid stability.” Financial Times, 5 November. (Lithuania)

 

-------. 1997a. "Un rapport de campagne de Sarajevo et Pale." Rapport Moral Sur L'Argent Dans Le Monde 1997, Paris:  Montchrestien. (Bosnia)

 

-------. 1997b. "Sound Money and Banking: Old Wine in a New Bottle." in Maggie Tan Pin Neo (ed.) Currency Board System:  A Stop-Gap Measure Or A Necessity, Singapore: Board of Commissioners of Currency.

 

-------. 1997c. "Exchange Rates and Monetary Policy:  A Comment." in W.C. Gruben, D. M. Gould and C. E. Zarazaga (eds.) Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy, Boston:  Kluwer Academic Publishers.

 

-------. 1997d. “Systèmes de retraite: structure(s), défis et perspectives.” Revenue d’Economic Financiere, Paris: Montchristien.

 

-------. 1997e. "New Currency Boards Come To the Balkans", Transition, v. 8, no. 1, February. (Bosnia, Bulgaria)

 

-------. 1997f. "A Field Report from Sarajevo and Pale", Central Banking, v. VII, no. 3, Winter. (Bosnia)

 

-------. 1997g. “Good News From a Bad News Spot.” Forbes, 24 February. (Bosnia)

 

-------. 1997h. "Currency Boards Offer Risk-Averse Investors a Way Into Emerging Markets." World Money Analyst, no. 230, February.

 

-------. 1997i. "Bank on the Currency Principle",  Central Banking, v. VIII, no. 1, Summer.

 

-------. 1997j. “Peg, Float, or Fix?” International Treasurer, 21 July.

 

-------. 1997k. “The IMF: Immune from (Frequent) Failure.” Wall Street Journal, 25 August.

 

-------. 1997l. "Finding Solid Currencies in Emerging Markets." World Money Analyst, no. 238, October.

 

-------. 1997m. “Will Brazil Be Next?” Forbes, 20 October. (Brazil)

 

-------. 1997n. “The Solution: Autopilot for Hong Kong….” Wall Street Journal, 29 October. (Hong Kong)

 

-------. 1997o. “Rock-Solid Hong Kong.” Forbes, 17 November. (Hong Kong)

 

-------. 1997p. “Getting a Firm Fix on Exchange Rates.” Wall Street Journal, 18 November.

 

-------. 1998a. “Les arguments en faveur d’un Institut d’émission russe.” Rapport Moral sur L’Argent Dans Le Monde 1998, Paris: Montchrestien. (Russia)

 

-------. 1998b. “How to Establish Monetary Stability in Asia”, Cato Journal, v. 17, no. 3, Winter. (East Asia)

 

-------. 1998c. “Russia’s Rickety Ruble.” Friedberg’s Commodity and Currency Comments, 11 January. (Russia)

 

-------. 1998d. “Is The Ruble Next?” Forbes, 9 March. (Russia)

 

-------. 1998e. “The Reluctant Fireman.” Forbes, 6 April. (Russia)

 

-------. 1998f. “Indonesia: No more airy-fairy talk but hearings on IMF policy fiascos.” Financial Times, 22 April. (Indonesia)

 

-------. 1998g. “After Suharto, What?” Forbes, 15 June. (Indonesia)

 

-------. 1998h. “In Hong Kong, the Fix Is In.” Wall Street Journal, 23 July. (Hong Kong)

 

-------. 1998i. “How I Spent My Spring Vacation.” The International Economy, v. XII, no. 4, July/August. (Indonesia)

 

-------. 1998j. “Create a Currency Law for Russia.” Wall Street Journal Europe, 7 September. (Russia)

 

-------. 1998k. “The Trouble With Pegged Exchange Rates.” Central Banking, v. IX, no. 2, November.

 

-------. 1998l. “World Money.” Forbes, 16 November.

 

-------. 1999a. “Financial Meltdowns and Exchange Rate Regimes.” in Ezra Zask (ed.) Global Investment Risk Management, New York: McGraw-Hill.

 

-------. 1999b. “Some Reflections on Currency Boards.” in Mario I. Blejer and Marko Skreb (eds.) Central Banking, Monetary Policies, and the Implications for Transition Economies, Boston: Kluwer Academic Publishers.

 

-------. 1999c. “Currency Boards: La Thérapie Oubliée.” in Henri Lepage and Patrick Wajsman (eds.) Vingt Économistes Face À La Crise, Paris: Opus.

 

-------. 1999d. “Reflections on Exchange Rates and Dollarization.” Fordham Finance, Securities and Tax Law Forum, v. IV, no. 1.

 

-------. 1999e. “Reflections on Exchange Rate Regimes.” The Cato Journal, v. 18, no. 3, Winter.

 

-------. 1999f. “Two Cheers for Rubin and Summers.” Central Banking, v. X, no. 2, Winter.

 

-------. 1999g. “Reflections on the World’s Currency Geography and Dollarization.” Friedberg’s Commodity and Currency Comments, v. 20, no. 1, January 31.

 

-------. 1999h. “How to Make the Dollar Argentina’s Currency.” Wall Street Journal, 19 February. (Argentina)

 

-------. 1999i. “Currency crises and the rewriting of history.” Forbes, March 22.

 

-------. 1999j. “Monetary Stability for Economies in Transition.” Zagreb Journal of Economics, v. 3, no. 3.

 

-------. 1999k. “Dollarization for Argentina.” Journal of Applied Corporate Finance, v. 12, no. 1, Spring. (Argentina)

 

-------. 1999l. “Three Cheers for Dollarization.” Euromoney, March.

 

-------.  1999m. “Yugoslavia Destroyed Its Own Economy.” Wall Street Journal, 28 April. (Yugoslavia)

 

-------. 1999n. “Dollarisation – Linchpin of the New International Financial Architecture.” Central Banking, v. IX, no. 4, May.

 

-------. 1999o. “Monetary Mischief.” The Hong Kong Accountant, v. 10, no. 4, May.

 

-------. 1999p. “Dollarize now.” Forbes, 3 May.

 

-------. 1999q. “Reflections on the Dollarization Debate.” Friedberg’s Commodity and Currency Comments, v. 20, no. 3, May 30.

 

-------.  1999r. “A Choice in Currency Would Result in Sound Money.” Financial Times, 6 May.

 

-------. 1999s. “Bring the Balkans into the ‘Deutschezone.’” Wall Street Journal Europe, 18 June. (Eastern Europe)

 

-------. 1999t. “The rupiah revisited.” Forbes, 5 July. (Indonesia)

 

-------. 1999u. “Disarm Milosevic’s Money Machine.” Forbes, 5 July. (Yugoslavia)

 

-------. 1999v. “Montenegro Trailblazes Its Own Path.” Wall Street Journal Europe, 23 July. (Montenegro)

 

-------. 1999w. “Montenegro, the Next Balkan Hot Spot.” Forbes Global, 6 September. (Montenegro)

 

-------. 1999x. “Why China Won’t Devalue.” Forbes, 6 September. (China)

 

-------. 1999y. “Enough is Enough.” Forbes, 4 October.

 

-------. 1999z. “Banks that Rob You.” Forbes, 1 November.

 

-------.  1999aa. “Most Montenegrins prefer salaries in D-Marks, not dinars.” Financial Times, 9 December. (Montenegro)

 

-------. 1999bb. “Euroflop.” Forbes, 27 December.

 

-------. 2000a. “Some Reflections on Monetary Institutions and Exchange-Rate Regimes.” Expert Papers, Washington, D.C.: International Financial Institution Advisory Commission.

 

-------. 2000b.  “Some Reflections on Monetary Institutions and Exchange-Rate Regimes.” Zagreb Journal of Economics, v. 4, no. 5.

 

-------. 2000c. “Ignore Markets’ Vote at Your Peril.” Wall Street Journal, 18 January.