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...
Auteur principal: | |
---|---|
Autres auteurs: | |
Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2000.
|
Collection: | IMF Working Papers; Working Paper ;
No. 2000/050 |
Accès en ligne: | Full text available on IMF |