The Tongan board of commissioners of currency (1935-1989): Not an orthodox currency board

Cameron C. LITTLE

Abstract


Abstract. This paper provides a historical summary, legislative history, and the first spreadsheet data series of the Tonga Board of Commissioners of Currency (1935-1989) and uses statistical tests to examine to what extent it operated as an orthodox currency board.

Keywords. Tonga, Currency board.

JEL. E42, N17.

Keywords


Tonga; Currency board.

Full Text:


References


Hanke, S.H. (2002). Currency boards. The Annals of the American Academy of Political and Social Science, 579(1), 87-105.

Hanke, S.H. (2008). Friedman: Float or fix?, Cato Journal, 28(2), 275-285.

Krus, N., & Schuler, K. (2014). Currency board financial statements. Studies in Applied Economics Working Paper Series, Johns Hopkins Institute for Applied Economics, Global Health, and Study of Business Enterprise. [Retrieved from].

Rutherford, N. (1977). Friendly Islands: a History of Tonga. Melbourne: Oxford University Press.

Skully, M.T. (1987). Financial Institutions and Markets in the South Pacific: a study of New Caledonia, Solomon Islands, Tonga, Vanuatu, and Western Samoa. St. Martin’s Press, New York.

Tonga Annual Report. (1923-1938, 1946-1961). Great Britain (United Kingdom). Colonial Office, Tongan Islands Protectorate: Report for … (1923/1924-1930); Colonial Office, Annual Report on the Social and Economic Progress of the People of the Tongan Islands Protectorate, … (1931-1938); not published 1939-1945 because of World War II; Colonial Office, Annual Report on Tonga for the Year(s) … (1946-1961). London: His / Her Majesty’s Stationery Office. (This series was called “Colonial Reports” until World War II and “Colonial Annual Reports” afterwards; it was suspended during the war for most colonies.)

Tonga, Tonga Government Gazette. (1934-1945, 1947-1953, 1956-1967,1969,1975-1986). Nukualofa

Tonga. Laws.

Tonga. Report of the Minister of Finance. (1958-1967). Tonga.

Tonga. Treasury Notes Act. (1936). Tonga.




DOI: http://dx.doi.org/10.1453/jeb.v7i1.2034

Refbacks

  • There are currently no refbacks.


.......................................................................................................................................................................................................................................................................................................................................

Journal of Economics Bibliography - J. Econ. Bib.  - JEB - www.kspjournals.org

ISSN: 2149-2387.

Editor: jeb@ksplibrary.org  Secretarial: secretarial@ksplibrary.org  Istanbul - Turkey.

Copyright © KSP Library