Prudential Responses to De Facto Dollarization /
We develop a theoretical framework that encompasses four distinct motives for dollarization and discuss appropriate policy responses to help contain dollarization and its attendant risks. "Moral hazard" dollarization provides a clear case for prudential policy activism. However, prudential...
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2004.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2004/066 |
Acesso em linha: | Full text available on IMF |