Monetary Options for Postwar Iraq

On October 15th, Iraq will issue a new unified dinar under the auspices of its new, "independent" central bank. This article "Monetary Options for Postwar Iraq" says the move will be a half-baked affair, at best, and is bound to fail, even with outside "currency support" funds which have already amounted to $2.1 billion.

First published by the Cato Institute, Foreign Policy Briefing, No. 80, 22 September 2003. The authors are Steve H. Hanke and Matt Sekerke.

Read the full article - Monetary

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