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 with currency board option.
Publication date: December 2000
ISBN: 9781557759931
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Exports and Imports , International - Economics , International - Economics , dollarization , currency board , domestic currency , central bank , currency boards

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