caa a22 4500 606168664 CHVBK 20210128100708.0 cr unu---uuuuu 210128e20151001xx s 000 0 eng 10.1007/s11127-015-0291-6 doi (NATIONALLICENCE)springer-10.1007/s11127-015-0291-6 Luther William Kenyon College, 202 College Park St., Gambier, OH, USA aut The monetary mechanism of stateless Somalia [Elektronische Daten] [William Luther] A peculiar monetary institution emerged during the period of interregnum in Somalia from January 1991 to August 2012. Without a functioning government to restrict the supply of notes in circulation, Somalis found it profitable to contract with foreign printers and import forgeries. The exchange value of the largest denomination Somali shillings note fell from US $0.30 in 1991 to US $0.03 in 2008. However, the purchasing power eventually stabilized at the cost of producing additional notes. Springer Science+Business Media New York, 2015 Institutions nationallicence Monetary regime nationallicence Monetary standard nationallicence Somalia nationallicence Somali shilling nationallicence Purchasing power nationallicence Public Choice Springer US; http://www.springer-ny.com 165/1-2(2015-10-01), 45-58 0048-5829 165:1-2<45 2015 165 11127 https://doi.org/10.1007/s11127-015-0291-6 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s11127-015-0291-6 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Luther William Kenyon College, 202 College Park St., Gambier, OH, USA aut NATIONALLICENCE 773 0- Public Choice Springer US; http://www.springer-ny.com 165/1-2(2015-10-01), 45-58 0048-5829 165:1-2<45 2015 165 11127