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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Détails bibliographiques
Cote:Libro Electrónico
Auteurs principaux: Berg, Andrew (Auteur), Borensztein, Eduardo (Auteur)
Collectivité auteur: International Monetary Fund. External Relations Department
Format: Électronique eBook
Langue:Inglés
Publié: Washington, D.C. : International Monetary Fund, 2000.
Collection:Economic issues (International Monetary Fund) ; 24.
Sujets:
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.
Accès en ligne:Texto completo
Description
Résumé: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.
Description:"[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."
Description matérielle:1 online resource (iii, 19 pages).
Bibliographie:Includes bibliographical references.
ISBN:9781451935042
1451935048
ISSN:1020-5098 ;

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