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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Bibliografiska uppgifter
Huvudupphovsman: Ize, Alain
Övriga upphovsmän: Powell, Andrew
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2004.
Serie:IMF Working Papers; Working Paper ; No. 2004/066
Länkar:Full text available on IMF