The British Pound, US Dollar, European Euro, Japanese Yen; they are all examples of currency, the official money of a country. Every country has their own, some even share the same type or name.

From the 1870s until World War I, the United Kingdom served as the leading financial and banking center of the world, while gold ruled as the monetary standard of all the major trading countries. Each ...

By using a data set containing all IMF member countries over more than twenty-five years, the study attempted to isolate the inherent effects of a currency board arrangement regardless of the many ...