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...
1. Verfasser: | |
---|---|
Weitere Verfasser: | |
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 |