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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| 格式: | 杂志 |
| 语言: | English |
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Washington, D.C. :
International Monetary Fund,
2000.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2000/050 |
| 在线阅读: | Full text available on IMF |