Full Dollarization : The Pros and Cons

Borensztein, Eduardo

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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Year of publication:	2001
Authors:	Borensztein, Eduardo
Other Persons:	Berg, Andrew (contributor) ; Borensztein, Eduardo (contributor)
Publisher:	Washington, D.C : International Monetary Fund

Extent:	Online-Ressource (28 p)
Series:	Economic Issues ; Economic Issues No. 24
Type of publication:	Book / Working Paper
Language:	Russian
ISBN:	1-55775-998-7 ; 978-1-55775-998-6
Other identifiers:	10.5089/9781557759986.051 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014404911