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...

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Detalles Bibliográficos
Autor principal: Borensztein, Eduardo
Otros Autores: Berg, Andrew
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2000.
Colección:Economic Issues; Economic Issues ; No. 2000/004
Acceso en línea: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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