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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Bibliographic Details
Main Author: Borensztein, Eduardo
Other Authors: Berg, Andrew
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:Economic Issues; Economic Issues ; No. 2000/004
Online Access:Full text available on IMF