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Full Dollarization The Pros and Cons

Analyzes the costs and benefits of full dollarization, or the adoption by one country of another country’s currency. Potential advantages include lower borrowing costs and deeper integration into world markets. But countries lose the ability to devalue, and become dependent on the U.S. Compares with...

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Bibliographic Details
Main Author: Borensztein, Eduardo
Other Authors: Berg, Andrew
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2000
Series:Economic Issues
Subjects:
Economic & Financial Crises & Disasters
Depository Institutions
Government And The Monetary System
Payment Systems
Banks
Dollarization
Financial Crises
Banks And Banking
Currency; Foreign Exchange
Monetary Economics
Regimes
Micro Finance Institutions
Mortgages
Money
Foreign Exchange
Standards
Currencies
Monetary Systems
Monetary Policy
Banking
Exchange Rates
Financial Risk Management
Money And Monetary Policy
Currency Boards
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Analyzes the costs and benefits of full dollarization, or the adoption by one country of another country’s currency. Potential advantages include lower borrowing costs and deeper integration into world markets. But countries lose the ability to devalue, and become dependent on the U.S. Compares with currency board option
Physical Description:22 pages
ISBN:9781557759931

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