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Jamaica'S Currency Board, 1920-1961, And A Comparison With Its Central Bank

Author

Listed:
  • Gupta, Eashan

    (The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise)

  • Auran, Matthew

    (The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise)

  • Frankenfield, Dylan

    (The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise)

Abstract

We describe the history of Jamaica’s currency board system, which existed from 1920 to 1961; test how orthodox the currency board was; and compare some features of the currency board and the Jamaican economy during the currency board period to the Bank of Jamaica and to the Jamaican economy under central banking.

Suggested Citation

  • Gupta, Eashan & Auran, Matthew & Frankenfield, Dylan, 2019. "Jamaica'S Currency Board, 1920-1961, And A Comparison With Its Central Bank," Studies in Applied Economics 136, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    • Handle: RePEc:ris:jhisae:0136
    as

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    References listed on IDEAS

    as
    1. Kenneth D. Roose, 1948. "The Recession of 1937-38," Journal of Political Economy, University of Chicago Press, vol. 56(3), pages 239-239.
    2. Krus, Nicholas & Schuler, Kurt, 2014. "Currency Board Financial Statements," Studies in Applied Economics 22, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    3. Anonymous, 1952. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 6(2), pages 296-298, May.
    4. Anonymous, 1952. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 6(3), pages 432-436, August.
    5. Anonymous, 1952. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 6(1), pages 111-115, February.
    6. Steve Hanke, 2002. "On dollarization and currency boards: Error and deception," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 5(4), pages 203-222.
    7. Anonymous, 1952. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 6(4), pages 632-636, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Jamaica; currency board; central bank;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean

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