THE NASSAU INSTITUTE is privileged to publish Dr. Alvin Rabushka’s History of the Monetary Systems and the Public Finances in The Bahamas 1946 to 2003.
The scholarly essay is essential reading for understanding the Bahamian Monetary System. It is a factual historical record of the Currency Board System of disciplined government borrowing to the ﬂexible Central Banking System established in 1974.
It is a must read for anyone wishing to understand relationships of the Bahamian Monetary System and the Bahamian economy.
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