The Pros and Cons of Full Dollarization /

We analyze the costs and benefits of full dollarization compared to its closest alternative, a currency board, quantifying for Argentina where possible. Potential advantages include lower borrowing costs and deeper integration into world markets. One cost is the transfer of seigniorage to the United...

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Detalles Bibliográficos
Autor Principal: Borensztein, Eduardo
Outros autores: Berg, Andrew
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/050
Acceso en liña:Full text available on IMF