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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Borensztein, Eduardo
Weitere Verfasser: Berg, Andrew
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2000.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2000/050
Online Zugang:Full text available on IMF