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Proceedings of a conference on currency substitution and currency boards (Английский)

This paper provides an account of the proceedings of a conference held at the World Bank in January 1992 on currency substitution and currency boards. The discussion had two purposes. The first one was to examine the process and implications of the increased use of dollars as a substitute for domestic currency. The dilemna was whether to resist this trend or to encourage it. The second purpose was to examine the usefulness of introducing a fortififed...
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