It takes the average reader and 28 minutes to read Pros and Cons of Currency Board Arrangements in the Lead-Up to EU Accession and Participation in the Euro Zone by Ms. Anne Marie Gulde
Assuming a reading speed of 250 words per minute. Learn more
Historically, countries with currency board arrangements (CBAs) have experienced lower inflation and higher growth than those with other regimes. The experiences of three candidates for EU membership with CBAs (Estonia, Lithuania, and Bulgaria) have also been generally favorable. Can CBAs serve these transition countries well all the way up to the adoption of the euro? After considering the pros and cons, this paper provides an affirmative answer, but notes that to preserve the viability of their CBAs throughout the process, these countries need to maintain strict policy discipline and be prepared to deal with large capital inflows and asymmetric shocks.
Pros and Cons of Currency Board Arrangements in the Lead-Up to EU Accession and Participation in the Euro Zone by Ms. Anne Marie Gulde is 28 pages long, and a total of 7,224 words.
This makes it 9% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Pros and Cons of Currency Board Arrangements in the Lead-Up to EU Accession and Participation in the Euro Zone aloud.
Pros and Cons of Currency Board Arrangements in the Lead-Up to EU Accession and Participation in the Euro Zone is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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