Keynes' Moscow Message: The Case for a Soviet Currency Board System

The International Economy September/October 1991

3 Pages Posted: 25 Jan 2013

See all articles by Steve H. Hanke

Steve H. Hanke

Johns Hopkins University - Department of Economics

Kurt Schuler

Center for Financial Stability

Date Written: 1991

Abstract

As a result of a request issued at the Houston Economic Summit in July 1990, an IMF-led team completed a study of the Soviet economy earlier this year. The study concluded that “rapid progress towards a unified exchange rate and current account convertibility of the ruble would also be necessary to reestablish confidence in the currency and reverse a growing trend towards ‘dollarization of the economy.”

Keywords: Steve Hanke, Kurt Schuler, International Economy, Keynes, Moscow Message, Currency Board, Russia Soviet Ruble

Suggested Citation

Hanke, Steve H. and Schuler, Kurt, Keynes' Moscow Message: The Case for a Soviet Currency Board System (1991). The International Economy September/October 1991 . Available at SSRN: https://ssrn.com/abstract=2206428

Steve H. Hanke (Contact Author)

Johns Hopkins University - Department of Economics ( email )

3400 Charles Street
Baltimore, MD 21218-2685
United States
410-516-7183 (Phone)
410-516-8996 (Fax)

Kurt Schuler

Center for Financial Stability ( email )

New York, NY
United States

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