Nikolay, Nenovsky; Kalin, Hristov; Mihail, Mihaylov - In: Journal des Economistes et des Etudes Humaines 11 (2001) 4, pp. 1-44
The paper presents a cross-country analysis of the second generation of currency boards (CB) introduced in three East European countries: Bulgaria, Estonia and Lithuania. We focus on their institutional, legal and political characteristics which are closely associated with the operation of the...