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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Berg, Andrew (Autor), Borensztein, Eduardo (Autor)
Autor Corporativo: International Monetary Fund. External Relations Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2000.
Colección:Economic issues (International Monetary Fund) ; 24.
Temas:
Dollarization.
Dollar, American.
Foreign exchange rates > Developing countries.
Currency substitution > Developing countries.
Dollarisation.
Dollar américain.
BUSINESS & ECONOMICS > Foreign Exchange.
Currency substitution.
Foreign exchange rates.
Internationaal betalingsverkeer.
Amerikaanse dollar.
Developing countries.
Acceso en línea:Texto completo
Descripción
Sumario: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.
Notas:"[This] paper draws on material originally contained in IMF Working Paper 00/50 and 00/29, respectively, 'The Pros and Cons of Full Dollarization' and 'The Choice of Exchange Rate Regime and Monetary Target in Highly Dollarized Countries' both by Andrew Berg and Eduardo Borensztein"--Preface (iii).
"Published December 2000."
Descripción Física:1 online resource (iii, 19 pages).
Bibliografía:Includes bibliographical references.
ISBN:9781451935042
1451935048
ISSN:1020-5098 ;

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