The Dissolution of the Austro-Hungarian Empire : Lessons for Currency Reform / Michael Spencer, Peter Garber.

This paper investigates the currency reforms undertaken subsequent to the dissolution of the Austro-Hungarian Empire in 1918. The reforms were motivated by the lack of coordination of monetary policy and the absence of a rule for sharing seigniorage. Because the Successor States' reforms were n...

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Main Author: Spencer, Michael
Other Authors: Garber, Peter
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF working paper ; WP/1992/066.

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