Argentina, Lebanon, Turkey and numerous other countries are in the grips of serious inflation. This episode of What’s Ahead discusses a device, which when properly employed promptly ends debilitating ...
In his letter (“Currency Board for Africa Has Two Key Limitations,” Jan. 6) responding to my “Farewell to the CFA Franc” (op-ed, Dec. 31), George Ayittey asserts that leaders in the region would never ...
Venezuela’s currency, the bolivar, has tanked. Just take a look at the ugly chart below. Thanks to the collapse of the bolivar, Venezuela has earned the dreadful distinction of being the world’s only ...
In his letter (Aug. 15) responding to my op-ed “Floating Currencies Compound Uncertainty” (Aug. 9), Prof. William Miles states that “currency boards would lead to more of the banking crises, debt ...
More than 30 years after playing a key role in the creation of Hong Kong's dollar peg, John Greenwood reckons a currency board is still a good option for small, open economies. Greenwood, who is ...
Sens. Marco Rubio (R-Fla.) and Ted Cruz (R-Texas) are certainly right to take President Obama and Germany’s Chancellor Angela Merkel to task for not adopting a very much tougher line towards Russia ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Bulgaria's latest stabilization program, which included the introduction of a currency board, marked the end of a period of economic turmoil and near-hyperinflation. What accounts for its success?
After 13 months in limbo, Lebanon finally formed a government on September 10. It is led by Najib Mikati, a billionaire and veteran politician. As prime minister, Mikati faces the daunting task of ...
The following communication, concerning the powers of the Palestine Currency Board, has been received from Mr. Fletcher-Cooke of the United Kingdom Delegation. May I refer you to paragraph 5 of your ...