It is often maintained that currency boards (CBs) and gold standards (GSs) are alike in that they are stringent monetary rules, the two basic features of which are high credibility of monetary authorities and the existence of automatic adjustment (non discretionary) mechanism. This article...

This article aims to examine the theoretical foundations and practical aspects underlying the creation of a common currency based on natural resources, within the space of the Alliance of Sahel States (AES). On July 6, 2024, in Niamey, the leaders of Mali, Burkina Faso and Niger signed the...

This article aims to examine the theoretical foundations and practical aspects underlying the creation of a common currency based on natural resources, within the space of the Alliance of Sahel States (AES). On July 6, 2024, in Niamey, the leaders of Mali, Burkina Faso and Niger signed the...

The aim of this article is to examine the theoretical foundations and practical aspects underlying the creation of a common currency based on natural resources within the Alliance of Sahel States (AES). On 6 July 2024 in Niamey, the leaders of Mali, Burkina Faso and Niger signed the constitutive...

Some ten years ago, Michael Dooley (Dooley, 1997; Dooley, 2000) put forwardan insurance model of currency crises, which after some modifications gives a goodtheoretical basis for explanation of the overall dynamics of the post communist transformationand diversity across countries and periods. The...

In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation targeting). The task of our study is to compare...

The paper presents the evolution of monetary regimes and monetary reforms in the Soviet Union during the period following the seizure of power in October 1917 until the currency reforms carried out by the Soviet authorities in mid-1924. The studied period gives possibilities for reflection on...

L’article cherche à montrer que le régime monétaire particulier à Djibouti, le Currency Board, est un instrument permettant la gestion et la reproduction d’une rente géostratégique par un réseau d'acteurs nationaux (notamment les élites locales) et multinationaux (notamment les...

В икономическата теория на Маркс съществуват редица проблеми, един от които е за интегрирането, и за логическата връзка между теорията за парите и теорията за...