Full Dollarization : The Pros and Cons /

Analyzes the costs and benefits of full dollarization, or the adoption by one country of another country's currency. Potential advantages include lower borrowing costs and deeper integration into world markets. But countries lose the ability to devalue, and become dependent on the U.S. Compares...

Полное описание

Библиографические подробности
Главный автор: Borensztein, Eduardo
Другие авторы: Berg, Andrew
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2000.
Серии:Economic Issues; Economic Issues ; No. 2000/004
Online-ссылка:Full text available on IMF
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520 3 |a Analyzes the costs and benefits of full dollarization, or the adoption by one country of another country's currency. Potential advantages include lower borrowing costs and deeper integration into world markets. But countries lose the ability to devalue, and become dependent on the U.S. Compares with currency board option. 
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