Reforms in exchange rate arrangements: is there a case for currency board in Vanuatu

Jayaraman, Tiruvalangadu K. (2001) Reforms in exchange rate arrangements: is there a case for currency board in Vanuatu. Pacific Economic Bulletin, 16 (2). pp. 77-93. ISSN 0817-8038

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Abstract

A recent study by the Asian Development Bank of public sector reform implementation in the Pacific islands recommended investigating the possibility of adopting a currency board arrangement (CBA) for Vanuatu, replacing the existing pegged exchange rate system. It appears that the recommendation has been made on the grounds that the country’s capacity for monetary management was weak and it needed institutional strengthening. This paper reviews the evidence and concludes there is not a case for acurrency board arrangement in Vanuatu at present.

Item Type:	Journal Article
Subjects:	H Social Sciences > HG Finance
Divisions:	Faculty of Business and Economics (FBE) > School of Economics
Depositing User:	Ms Mereoni Camailakeba
Date Deposited:	17 Nov 2001 21:32
Last Modified:	01 May 2012 01:55
URI:	https://repository.usp.ac.fj/id/eprint/2783

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