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...

Повний опис

Бібліографічні деталі
Автор: Ize, Alain
Інші автори: Powell, Andrew
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2004.
Серія:IMF Working Papers; Working Paper ; No. 2004/066
Онлайн доступ:Full text available on IMF