Currency Substitution in Developing Countries : An Introduction /

This paper reviews the main policy and analytical issues related to currency substitution in developing countries. The paper discusses, first, whether currency substitution should be encouraged or not; second, how the presence of currency substitution affects the choice of nominal anchors in inflati...

Descripción completa

Detalles Bibliográficos
Autor principal: Calvo, Guillermo
Otros Autores: Vegh Gramont, Carlos
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1992.
Colección:IMF Working Papers; Working Paper ; No. 1992/040
Acceso en línea:Full text available on IMF