{"product_id":"what-role-for-currency-boards-9780881322224","title":"What Role for Currency Boards?","description":"To help overcome its financial crisis, Russia is being urged to create a currency board, which has met with success in other countries such as Argentina, Estonia, and Hong Kong. This study explains what a currency board is and how it differs from a central bank, and examines the advantages and disadvantages of each type of arrangement. The author concludes that currency boards may be quite attractive to small, open economies and a useful prop in those emerging from a very deep macroeconomic crisis, but that their disadvantages outweigh these attractions in most large countries.","brand":"John Williamson","offers":[{"title":"Default Title","offer_id":42980619780214,"sku":"9780881322224","price":12.95,"currency_code":"USD","in_stock":true}],"url":"https:\/\/ingramacademic.com\/products\/what-role-for-currency-boards-9780881322224","provider":"Ingram Academic \u0026 Professional","version":"1.0","type":"link"}