-----BEGIN PGP SIGNED MESSAGE----- jamesd wrote:
>If, as seems likely, the Argentinian economy makes an >unplanned and prohibited coversion from pesos to dollars, in >defiance of government policy, the likely result is that the >value of the peso will drop to zero. Yep. Which reminds me: one of the most fascinating people behind the push for currency boards/dollarization in Argentina (and around the world) has a regular column at Forbes, great stuff. Anyone interested in a comprehensive backgrounder on the whole situation should really start here... ~F. *** Steven H. Hanke: Forbes Column Archives http://www.forbes.com/columnists/col_archive.jhtml aname=Steven+H.+Hanke&author=steve+and+hanke Steve Hanke Professor of Economics John Hopkins University DR. STEVE H. HANKE is a professor of Applied Economics at The Johns Hopkins University in Baltimore. Professor Hanke has been writing a column in Forbes Magazine since 1993, and also advises governments on currency reform, privatization and capital market development. His appointments have included: Senior Economist on President Reagan's Council of Economic Advisors (1981-82); Advisor to the Minister of Economy, Domingo Cavallo, Republic of Argentina (1995-96); Advisor to the President of Bulgaria, Petar Stoyanov (1997-present) and Special Counselor to the Economic and Monetary Resilience Council, Republic of Indonesia (1998-present). Professor Hanke is a member of the Steering Committee of the G-7 Council in Washington, D.C. and a Fellow at the World Economic Forum in Geneva. Dr. Hanke's books include: The Revolution in Development Economics (1998), Currency Boards: The Financing of Stabilization (1997), Alternative Monetary Regimes for Jamaica (1996), Currency Boards for Developing Countries (1994) and Russian Currency and Finance (1993). -----BEGIN PGP SIGNATURE----- Version: Hush 2.1 Note: This signature can be verified at https://www.hushtools.com wl4EARECAB4FAjxBhM0XHGZhdXN0aW5lLkBodXNobWFpbC5jb20ACgkQGwpHwwWoj8Wx CwCeOf1If1w+pPdGg4+kBJT7sv8nkUoAn2AVThP73C19OBVWBlb+wEs7Ipud =qs92 -----END PGP SIGNATURE-----
