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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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2001.
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Series: | Economic Issues; Economic Issues ;
No. 2000/004 |
Online Access: | Full text available on IMF |