|
gptkbp:instanceOf
|
gptkb:currency
|
|
gptkbp:abolished
|
Argentina (2002)
Estonia (2011)
Lithuania (2015)
|
|
gptkbp:advantage
|
credibility
low inflation
vulnerability to external shocks
currency stability
limited response to crises
no lender of last resort
|
|
gptkbp:alsoKnownAs
|
currency board arrangement
|
|
gptkbp:anchorCurrencyExample
|
gptkb:US_dollar
gptkb:euro
gptkb:British_pound
Singapore dollar
|
|
gptkbp:connectsTo
|
anchor currency
|
|
gptkbp:contrastsWith
|
gptkb:central_banking_system
|
|
gptkbp:feature
|
fixed exchange rate
automatic convertibility
full foreign reserve backing
no discretionary monetary policy
|
|
gptkbp:issuedBy
|
gptkb:currency
|
|
gptkbp:limitation
|
monetary policy flexibility
|
|
gptkbp:notableExample
|
gptkb:Bulgarian_National_Bank
gptkb:Hong_Kong_Monetary_Authority
Brunei Currency and Monetary Board
Gibraltar Currency Board
|
|
gptkbp:originatedIn
|
gptkb:19th_century
gptkb:British_colonies
|
|
gptkbp:purpose
|
maintain currency stability
control inflation
promote confidence in currency
|
|
gptkbp:regulates
|
currency issuance
money supply
|
|
gptkbp:requires
|
foreign currency reserves
|
|
gptkbp:usedIn
|
gptkb:Bermuda
gptkb:Brunei
gptkb:Bulgaria
gptkb:Estonia
gptkb:Falkland_Islands
gptkb:Gibraltar
gptkb:Hong_Kong
gptkb:Isle_of_Man
gptkb:Lithuania
Argentina (1991-2002)
|
|
gptkbp:bfsParent
|
gptkb:Linked_Exchange_Rate_System
|
|
gptkbp:bfsLayer
|
7
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Currency Board System
|