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...

Description complète

Détails bibliographiques
Auteur principal: Borensztein, Eduardo
Autres auteurs: Berg, Andrew
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2001.
Collection:Economic Issues; Economic Issues ; No. 2000/004
Accès en ligne:Full text available on IMF