The Political Economy of Currency Boards. Theses About the Political Environment of Fixed National Currency Flow

Abstract

This paper presents methodological theses for a non-standard study of currency boards performance in terms of their political dimensions. These theses refer to the domestic and foreign policy frameworks of the creation, management and termination of the currency board arrangements. The theses are designed as to allow the best possible comparison between countries with different currency arrangements. This essay does not set as many hypotheses as it seeks to provoke reflection and dialogue within the scientific community for the exploration of important phenomena in today's globalizing world.