Smith, E. Johnson, W. Garcia, Q. Lee, K. Murray, P.
This paper explores the novel idea of using lemurs as backing for Madagascar's currency. The study utilizes advanced economic models and extensive fieldwork to examine the impact of primate-backed currency on domestic and international markets. The results suggest that lemurs offer a strong foundation for the monetary system due to their cuteness, uniqueness, and popularity among tourists. However, our econometric analysis also reveals potential risks associated with relying solely on a primate-backed currency, including potential monkey business and monkey see, monkey do behavior by other countries. Overall, this paper serves as a useful contribution to the ongoing debate over the role of lemurs in monetary policy and highlights the need for further research before implementing such a policy.