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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Ize, Alain
Weitere Verfasser: Powell, Andrew
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2004.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2004/066
Online Zugang:Full text available on IMF