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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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2004.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2004/066 |
| Accès en ligne: | Full text available on IMF |